MD_DA830

     Cheese - Midwestern U.S.

     Report 41 - Released on October 11, 2023

NOTICE: After October 16, 2023, all information found on this report will transition to a new PDF format. 
The same data will be collected and disseminated through AMS Marketing Analysis and Reporting 
Services (MARS) platform. The new pdf report can be accessed on the AMS website at:
https://www.ams.usda.gov/mnreports/ams_1083.pdf



     Cheesemakers are reporting similar prices on the spot milk market in the region. Reported
     prices at $.25 above Class from last week were not passed along, but prices at/near $1 over
     are still prevalent in the region. Milk offers are still somewhat quiet despite growing farm
     milk production and component levels in recent weeks. Cheese production is steady to lower
     in the region, as a few contacts have noted plants being down for scheduled maintenance.
     More plant managers than in previous weeks relayed being down, as well. Others are running
     full, and still milk is not as available as it was earlier in the year or this time last
     year, when prices ranged from $1 under to $.25 over Class III. Cheese demand is noted as
     healthy in the Midwest. Buyers are viewing the steadying markets with interest, as
     cheesemakers foretold of this happening a few weeks ago when markets were sliding. Cheese
     inventories are in similar shape to previous weeks. With milk prices maintaining at over
     Class and limits in production schedules throughout the region at the plant level, cheese
     stocks are not expected to ramp up near-term. Barrel suppliers say any extra loads are
     generally spoken for ahead of completion, but there are few near-term concerns about
     inventory excess.

     Information for the period October 9 - 13, 2023, issued weekly

     Secondary Sourced Information:

     This week, a cooperative export assistance program accepted requests for export assistance
     on contracts to sell 84,000 pounds (38 metric tons) of American-type cheese and 267,000
     pounds (121 metric tons) of cream cheese. So far this year, the program has assisted member
     cooperatives who have contracts to sell 36.4 million pounds of American-type cheeses and
     7.2 million pounds of cream cheese in export markets.
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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