MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  May 31, 2017 (REPORT 22)                           

FOREIGN TYPE CHEESE 

The European Union (EU) cheese market is more solid this year. Although 
milk production in the first quarter of 2017 was lower than that of the 
previous year, cheese production increased on average by 1.9%. Cheese 
production is ongoing; however, it is contracted in advance, with no 
additional loads available for spot sales. Manufacturers have sold out 
their cheese for the coming weeks. Buying interest from Southern Europe 
increased as many vacationers go to the European Union for the holiday 
season. Exports to China, Japan, and South Korea increased sharply while 
exports to USA, Switzerland, and Mexico shrunk, but remain good. Overall, 
the demand for EU cheese is good within the EU and worldwide. For the 
month of June, cheese prices are significantly up and many buyers have 
already agreed to the higher prices. In the U.S., wholesale blue, 
gorgonzola, parmesan Italy, and Romano prices are up $0.0225. All 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  :  2.1925-3.6800*   
Gorgonzola                 :  3.6900-5.7400  :  2.7000-3.4175*   
Parmesan (Italy)           :       -0-       :  3.5825-5.6725*   
Romano (Cows Milk)         :       -0-       :  3.3825-5.5325*   
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-       :  3.3600-3.6825    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         

* = Price change.                                                
                                                                                                                                             
1100CT Florence.KoneGonzalez@ams.usda.gov 608-422-8594
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-
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