MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  October 05, 2016 (REPORT 40)                       

FOREIGN TYPE CHEESE 


European sliced cheese markets for the third quarter exhibited a 
tight supply and brisk demand. Cheese production using available 
milk struggled to match demand, resulting in continuing draws on 
aging stocks. This resulted in some cheese deliveries being 
younger cheese stock. Even existing cheese customers with orders 
experienced some cuts and allocation of supplies. Semi hard 
cheese demand is expected to increase into later autumn, while 
milk volumes are expected to decline into November, resulting in 
tight cheese availability in the immediate future. Cheese 
exports from the EU January-July 2016 increased 13.1% while 
imports increased 19.5%. Primary export receiving countries and 
percentage of exports received are: U.S.A., +17%; Japan, 9.4%; 
and Switzerland, 7.3%. The top 3 
Cheese importing countries and changes in volumes from 2015 are: 
Switzerland, 67.2%; New Zealand, 26.5%; and Norway, 3%. In the 
U.S., wholesale domestic blue, gorgonzola, parmesan and Romano 
cheese prices decreased $0.0425 following lower weekly average 
CME Group block prices. 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  :  2.1000-3.5875*   
Gorgonzola                 :  3.6900-5.7400  :  2.6075-3.3250*   
Parmesan (Italy)           :       -0-       :  3.4900-5.5800*   
Romano (Cows Milk)         :       -0-       :  3.2900-5.4400*   
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-       :  2.9550-3.2775    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         

* = Price change.                                                

1100C eric.graf@ams.usda.gov & eric.graf@ams.usda.gov
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