MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  March 09, 2016 (REPORT 10)                         

FOREIGN TYPE CHEESE   

EU markets for semi hard cheese are weaker, with slowly weakening prices 
in the EU. The continuing higher volumes of cheese production are ahead 
of demand and this is driving price trends. Export markets are stable, so 
the added volumes of production weigh on domestic markets. NASS reports 
that U.S. Swiss production during January 2016, 27.5 million pounds, was 
12.8% higher than January last year. As for pricing of foreign type 
cheese in the U.S., wholesale domestic Swiss prices declined $0.0975 
following adjustment of the Class II price; domestic blue, 
gorgonzola, parmesan and Romano cheese prices increased $0.0150 
following the higher weekly average CME Group block price, and the 
remaining prices are unchanged.  
                                                                
WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :           NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.3800  :  2.0475-3.5350*   
Gorgonzola                 :  3.6900-5.8900  :  2.5550-3.2525*   
Parmesan (Italy)           :       -0-       :  3.4375-5.5275*   
Romano (Cows Milk)         :       -0-       :  3.2375-5.3875*   
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-       :  3.0925-3.4150*   
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