MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  May 04, 2016 (REPORT 18)                           

FOREIGN TYPE CHEESE     

Demand for semi hard cheese in the EU has increased in recent weeks. 
Higher domestic EU sales have drawn down inventories. There has also 
been higher export activity. Manufacturers have recently reduced 
cheese manufacturing volumes and sent some milk to other 
manufacturing uses. Stocks in aging programs are lower. Cheese 
production in coming weeks is mostly spoken for. All of this has 
stabilized prices, with some prices for delivery in coming weeks 
showing signs of strengthening. In the U.S., wholesale domestic blue, 
gorgonzola, parmesan and Romano cheese prices decreased $0.0475 
following lower weekly average CME Group block prices, 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  :  1.9500-3.4375*   
Gorgonzola                 :  3.6900-5.7400  :  2.4575-3.1750*   
Parmesan (Italy)           :       -0-       :  3.3400-5.4300*   
Romano (Cows Milk)         :       -0-       :  3.1400-5.2900*   
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