MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  July 15, 2015 (REPORT 28)                          

FOREIGN TYPE CHEESE                                              
                                                                 
Domestic foreign type cheese prices moved higher this week. Prices for 
imported and Swiss cheese were unchanged. US cheese demand is steady.  
Supplies are more than adequate to meet demand needs. Aged cheese 
supplies in Europe have expanded in recent weeks. European cheese exports 
remain below year ago levels with the continuing Russian ban the major 
contributing factor in the downward trend. Imports of high tier and quota 
Italian-type cheese from January through June 2015 totaled 16.3 million 
pounds, up 42% compared to last year. Imports of quota Italian-type cheese 
for June totaled 2.0 million pounds, 52% higher than last year. Imports of 
high tier and quota Swiss/Emmenthaler varieties from January through June 
2015 totaled 26.1 million pounds, 18% more than last year. Imports of 
quota Swiss/Emmenthaler for June totaled 4.8 million pounds, 32% higher 
than last year.  

WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.2000-3.6875*   
Gorgonzola                 :  3.6900-5.8900  :  2.7075-3.4050*   
Parmesan (Italy)           :       -0-       :  3.5900-5.6800*   
Provolone (Italy)          :       -0-       :  2.2425-2.4950*   
Romano (Cows Milk)         :       -0-       :  3.3900-5.5400*   
Sardo Romano (Argentine)   :  2.8500-4.9300  :       -0-         
Reggianito (Argentine)     :  3.2900-4.9300  :       -0-         
Jarlsberg-(Brand)          :  2.9500-6.4500  :       -0-         
Swiss Cuts Switzerland     :       -0-       :  3.3075-3.6300    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         
* = Price change.                                                

2015 U.S. Cheese Imports (USDA-FAS)

                  (Million Lb.)       % Change From   % of 
                                      1 Year Ago      Yearly Quota
June  Quota Imports  18.0               + 34              6

Jan. - June    
High Tier            16.9               + 21             N.A.
Quota Imports        96.0               + 30             26

1100C rick.whipp@ams.usda.gov 608.557.7004
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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