MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  March 30, 2016 (REPORT 13)                         

FOREIGN TYPE CHEESE    

Cheese production in the EU is higher than during recent months, 
particularly in Germany. Warehouse stocks and aging stocks are 
increasing. EU domestic consumption and exports are not increasing 
commensurate with production increases. This is pressuring prices lower 
for sales within the EU and for exported cheese. As for pricing of 
foreign type cheese in the U.S., wholesale imported blue, gorgonzola, 
sardo romano and reggianito declined $.15 at the top of range prices. 
Wholesale domestic blue, gorgonzola, parmesan and Romano cheese 
prices increased $0.0025 following the higher weekly average CME 
Group block price, while 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                       :  2.6400-5.2300* :  2.0600-3.5475*   
Gorgonzola                 :  3.6900-5.7400* :  2.5675-3.2650*   
Parmesan (Italy)           :       -0-       :  3.4500-5.5400*   
Romano (Cows Milk)         :       -0-       :  3.2500-5.4000*   
Sardo Romano (Argentine)   :  2.8500-4.7800* :       -0-         
Reggianito (Argentine)     :  3.2900-4.7800* :       -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