MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  April 06, 2016 (REPORT 14)                         

FOREIGN TYPE CHEESE   


Cheese production in the EU remains at higher levels than one year ago to 
accommodate milk intakes. Milk production is seasonally increasing and is 
above levels one year ago. The EU private storage scheme subsidizes 
cheese storage costs until market conditions are more favorable for sale. 
Implemented in October 2015, the program lasts until September 30, 2016, 
or until 100,000 MT have been entered into the program. Eucolait reports 
volumes entered into the program since February 2016 total 18,869 MT, 
with top nations utilizing the program including cheese from Italy, 
accounting for 11.743 MT; Sweden 2.126 MT; Ireland 2.000 MT; UK 1.751 MT; 
and Netherlands 796 MT. Wholesale domestic blue, gorgonzola, parmesan and 
Romano cheese prices decreased $0.0225 following lower weekly average CME 
Group block prices, Swiss declined $0.0800 following the Class III price 
adjustment last week, 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  :  2.0375-3.5250*   
Gorgonzola                 :  3.6900-5.7400  :  2.5450-3.2625*   
Parmesan (Italy)           :       -0-       :  3.4275-5.5175*   
Romano (Cows Milk)         :       -0-       :  3.2275-5.3775*   
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-       :  3.0125-3.3350*   
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