MD_DA851
DA
MD DA851 CHEESE HIGHLIGHTS 

JANUARY 29, 2010   MADISON, WI (REPORT 4)

CHEESE HIGHLIGHTS:  CME Group cash market prices were steady to 
higher and the barrel/block spread returned to a normal, though 
narrow 1 cent.  Current orders are steady to occasionally 
slower.  Finished product buyers entered 2010 with inventories 
often above last January, so refilling the finished product 
pipeline does not need as much cheese.  Natural interest 
generally remains stronger than process.  Cheese promotions 
geared to the Super Bowl have been minimal thus far.  Bulk 
orders are being filled under normal lead times as plants have 
adequate milk supplies or can purchase additional with minimal 
difficulty.   


12:00C   George Koerner 608-250-3205