MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  February 15, 2017 (REPORT 7)                       

FOREIGN TYPE CHEESE    

Continuing uncertainty about expected milk available for cheese 
making in coming months is on the minds of European cheese makers and 
sellers. This factor has slowed finalizing contracting for deliveries 
during March and through the second quarter of the year. The fact 
that many buyers feel comfortably stocked contributes to the less 
stressed pace of negotiations. Of course, the need to commit to 
restocking is not too far off for many, so more contract finalization 
is expected in coming weeks. Western European cheese manufacturers 
are pleased that cheddar prices are up decently from one year ago. An 
observation was made that unlike one year ago, the price in Europe 
for 1 pound of cheese is now higher than the cost of a one way ticket 
on the Brussels Metro. In the U.S., wholesale blue, gorgonzola, 
parmesan and Romano prices decreased $.1125, while the other 
varieties 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  :  2.1475-3.6350*   
Gorgonzola                 :  3.6900-5.7400  :  2.6550-3.3725*   
Parmesan (Italy)           :       -0-       :  3.5375-5.6275*   
Romano (Cows Milk)         :       -0-       :  3.3375-5.4875*   
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-       :  3.3475-3.6700    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         

* = Price change.                                                



1100C 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