MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  December 23, 2015 (REPORT 51)                      

FOREIGN TYPE CHEESE     

European cheese markets are in equilibrium, with retail holiday demand 
filled and product manufacturing demand ongoing at expected levels to 
supply food manufacturing and food service. Cheese export demand is 
stable, with stocks in aging programs being weighted toward the early 
stages, destined to be market ready in several months. Increasing 
consumption of cheese in some E.U. countries in 2015 contributed to 
marginally lessening the need to seek exports into other countries such 
as the U.S. Domestic foreign type cheese prices in the U.S. adjusted down 
$.0475 except for Swiss, which was unchanged. E.U. cheese production each 
month May through October 2015 (the most current month with data) is 
higher than the same month in 2014. This strong cheese production is 
expected to continue into 2016.  January-October 2015 E.U 28 cheese 
production leads production in the U.S.
                                                                 
WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.0025-3.4900*   
Gorgonzola                 :  3.6900-5.8900  :  2.5100-3.2075*   
Parmesan (Italy)           :       -0-       :  3.3925-5.4825*   
Provolone (Italy)          :       -0-       :  2.0450-2.2975*   
Romano (Cows Milk)         :       -0-       :  3.1925-5.3425*   
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-       :  3.2475-3.5700    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         

* = Price change.                                                


1100C eric.graf@ams.usda.gov  608.557.7005
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home