MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  January 13, 2016 (REPORT 2)                        

FOREIGN TYPE CHEESE     

In the EU, cheese stocks were drawn down to meet end of year 2015 demand. 
Rebuilding of cheese in aging programs is underway and is nearly 
complete. Domestic orders within the EU for cheese produced in the EU are 
near expected levels, but prices are weaker for semi hard cheese. A 
factor is EU milk production, which is higher than year ago levels. Some 
of the additional milk has gone to cheese manufacturing and that pattern 
is expected to continue. Cheese available for export is at levels 
manufacturers find to be comfortable. In the U.S., Domestic Swiss prices 
are unchanged and the remaining domestic foreign type cheese prices in 
the U.S. adjusted up $0.0250.                                                                                           
                                                                 
WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.0525-3.5400*   
Gorgonzola                 :  3.6900-5.8900  :  2.5600-3.2575*   
Parmesan (Italy)           :       -0-       :  3.4425-5.5325*   
Provolone (Italy)          :       -0-       :  2.0950-2.3475*   
Romano (Cows Milk)         :       -0-       :  3.2425-5.3925*   
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-       :  3.2075-3.5300    
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