MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  January 27, 2016 (REPORT 4)                        

FOREIGN TYPE CHEESE    

Imported cheese and domestic foreign type cheese supplies are readily 
available. Milk production in the U.S. and Europe is projected to remain 
strong. This leads to expectations of continuing high cheese production, 
resulting in wholesale buyers being increasingly being careful not to 
finalize purchases too far forward, in the event that prices weaken and a 
lower cost basis becomes reality in coming months. During the period 
January through November 2015, the U.S. led as the country with the largest 
import volumes of cheese manufactured in the EU, with import volumes 17% 
higher than the same period of 2014. Second, with less than one half the 
volume of EU cheese imports as the U.S., was Japan, where volumes were 50% 
above year earlier volumes. Third is Switzerland, with 2015 imports of EU 
cheese being 2% over 2014. In the U.S., Domestic Swiss prices are 
unchanged and the remaining domestic foreign type cheese prices adjusted 
down $0.0100.                                                                                           
                                                                                                                                     
WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.0500-3.5375*   
Gorgonzola                 :  3.6900-5.8900  :  2.5575-3.2550*   
Parmesan (Italy)           :       -0-       :  3.4400-5.5300*   
Provolone (Italy)          :       -0-       :  2.0925-2.3450*   
Romano (Cows Milk)         :       -0-       :  3.2400-5.3900*   
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