MD_DA840

     Cheese - Western U.S.

     Report 8 - Released on February 20, 2019

     Western cheesemakers report mixed demand. Some contacts suggest there is strong cheese
     demand domestically and in select international markets, in particular, some parts of the
     Middle East. Others imply cheese interest to be adequate, ok, but not great, and any new
     business is generally hard to get. Contacts say contracted cheese orders are steady. There
     is plenty of milk to be made into cheese, and vats are running at or near full capacity.
     However, as stocks are already heavy, cheese manufacturers are careful to not build
     inventory.


     National Retail Report Dairy ± Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 2/15/2019
      to 2/21/2019
     Cheese 8 oz. Blocks                Weighted Average Price
     National                   This Period     Last Week     Last Year
      Organic                      $4.99          $5.42         $3.49
      Conventional                 $2.17          $2.32         $2.34

     Regional (Conventional)     Wtd. Ave.         Low           High
      Alaska                       $2.50          $2.50         $2.50
      Hawaii                        n.a.           n.a.          n.a.
      Northwest                    $2.29          $1.88         $2.99
      Southwest                    $1.99          $1.99         $1.99

     Cheese 8 oz. Shred                 Weighted Average Price
     National                   This Period     Last Week     Last Year
      Organic                      $4.49           n.a.          n.a.
      Conventional                 $2.26          $2.51         $2.31

     Regional (Conventional)     Wtd. Ave.         Low           High
      Alaska                       $2.99          $2.49         $3.50
      Hawaii                        n.a.           n.a.          n.a.
      Northwest                    $2.30          $1.88         $2.50
      Southwest                    $2.38          $1.99         $3.00


     Western Wholesale Price Adjustments
     In the West, wholesale prices were up $.0975 for process, and up $.0875 for cheddar block,
     cuts and Monterey Jack. Swiss cut wholesale prices are unchanged from the previous week.
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 10 pound Cuts               1.8775-2.0975
     Cheddar 40 pound Block              1.6975-2.1400
     Monterey Jack 10 pounds             1.8875-2.0475
     Process American 5 pound Loaf       1.5000-1.7550
     Swiss 6-9 pound Cuts                2.6525-3.0825


     Information for the period February 18 - 22, 2019, issued weekly

     Secondary Sourced Information:

     CME Close
     In CME Group trading Wednesday, barrels closed at $1.4175, compared to the weekly average
     price of $1.4240 from last week. Blocks closed at $1.5950 compared to the weekly average
     price of $1.5745 from last week.

     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@ams.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
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     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home