NorthEast Cheese

6/25/2013 3:00 PM


MD_DA810
DA
MD DA810 Cheese - Northeast
MADISON, WI. June 19, 2013 (REPORT 25)
NORTHEAST WHOLESALE CHEESE:

Cheese prices on the CME Group were mixed Tuesday with barrels decreasing
$0.0125 to close at $1.7600, while blocks increased $0.0100 to close at
$1.7250. Trading activity has declined in the last 5 trading sessions
with only 8 loads of blocks sold. The weekly average cheese prices on
the CME Group were higher last week, and as a result, wholesale prices
for cheddar blocks and Muenster increased $0.0050, while Process 5#
sliced cheese increased $0.0450. Wholesale prices for Swiss cuts were
unchanged. Cheese production remains steady with previous weeks' levels
as milk volumes going to cheese plants remain strong. Inventory
expansion has slowed as cheese sales have improved with increased retail
promotions. Export demand has also seen some increased interest.
Accepted requests for export assistance, for late last week and this
week, by Cooperatives Working Together (CWT) totaled 1.923 million pounds
(872 metric tons) of Cheddar, Gouda and Monterey Jack cheese. The product
will be delivered June through October 2013. During 2013, CWT has
assisted member cooperatives in making export sales of cheese totaling
61.123 million pounds.
WHOLESALE SELLING PRICES: DELIVERED,
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)

Cheddar 40# Block : 2.1350-2.4200
Process 5# Sliced : 1.9900-2.4700
Muenster : 2.1550-2.5150
Grade A Swiss Cuts 10 - 14# : 3.4675-3.7900
1100C rick.whipp@ams.usda.gov


Should Congress revise the Endangered Species Act to prevent economic disruptions?

  • Yes
  • No
  • Unsure

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