MD_DA810

     Cheese - Northeastern U.S.

     Report 21 - Released on May 22, 2019

     Northeastern cheese makers report Class III operations are running fairly full. Milk is
     around and readily available for production needs. Manufacturers' inventories are increasing
     at a steady rate. Some facilities will be closed for the holiday. As Memorial Day is
     nearing, many retailers are advertising holiday discounts. In general, manufacturers' cheese
     sales are okay to a bit decreased. Food service orders have decreased as many schools in the
     Northeast are closing for the school year. Cheddar cheese spot prices have simmered compared
     to recent weeks. On the CME Group, cheddar block prices are a bit increased, yet cheddar
     barrel prices have softened. Northeast wholesale cheese prices for cheddar and Muenster
     decreased, $0.0350, and process cheese prices moved down, $0.1050. The Grade A Swiss price
     is unchanged currently.

     National Retail Report Dairy ± Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 5/17/2019
      to 5/23/2019

     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Organic                     n.a.             n.a.          $3.23
     Conventional               $2.08            $2.01          $2.36

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                   $2.31           $1.88          $3.00
     Southeast                   $1.98           $1.23          $3.00

     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week       Last Year
     Organic                     n.a.             $3.29          $3.13
     Conventional               $2.25             $2.22          $2.28

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                  $2.00            $1.50          $2.99
     Southeast                  $2.43            $1.48          $2.99
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              2.1225-2.4075
     Muenster                            2.1075-2.4575
     Process American 5 pound Sliced     1.7500-2.2300
     Swiss 10-14 pound Cuts              2.9950-3.3175


     Information for the period May 20 - 24, 2019, issued weekly

     Secondary Sourced Information:

     This week's Global Dairy Trading (GDT) Event 232 released positive price changes for cheddar
     cheese, at +15.2 percent for all contracts.

     This week, a cooperative export assistance program accepted requests for export assistance
     to sell 335,103 pounds (152 metric tons) of cream cheese.

     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/