MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  March 02, 2016 (REPORT 9)                          

FOREIGN TYPE CHEESE       

In the top EU cheese producing country, Germany, the market for semi-hard 
cheese produced there is weaker. Continuing strong supplies of milk in 
the EU are leading to some price competition among milk processors to 
move milk to cheese factories. This is contributing to strong production 
volumes. Cheese price quotes are trending toward the low price levels of 
2009. EU sliced cheese production has been cut back due to weaker and 
uneven demand. Orders for EU specialty cheese to fill spring religious 
holiday demand have been good. As for pricing of foreign type cheese in 
the U.S., wholesale domestic Swiss prices and imported cheese prices 
are unchanged. The remaining domestic foreign type cheese prices 
adjusted down $0.0275 following the lower weekly average CME Group 
block price.

WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.0325-3.5200*   
Gorgonzola                 :  3.6900-5.8900  :  2.5400-3.2375*   
Parmesan (Italy)           :       -0-       :  3.4225-5.5125*   
Romano (Cows Milk)         :       -0-       :  3.2225-5.3725*   
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-       :  3.1900-3.5125    
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