NorthEast Cheese

10/7/2012 3:00 PM


MD_DA810
DA
MD DA810 Cheese - Northeast
MADISON, WI. October 03, 2012 (REPORT 40)
NORTHEAST WHOLESALE CHEESE:

Cheese prices on the CME Group were unchanged Tuesday with barrels
closing at $2.0350 and blocks closing at $2.0850. Trading activity has
turned light for barrels with only 1 sale in the last 5 sessions, while
blocks continued to be fairly active with 13 sales over the same period.
Cheese production remains steady, but most cheese makers would like to
expand production. Most production is filling current orders with
limited production for aging programs, due to the tight milk supplies.
Domestic demand for mozzarella remains active with good orders from pizza
makers and restaurants. Most makers of cheddar cheese are comfortable
with their current inventories. Export interest continues to prompt
sales. Cooperatives Working Together (CWT) has accepted requests for
export assistance to sell 4.246 million pounds (1,926 metric tons) of
Cheddar cheese. The products will be delivered from September through
March 2013. During 2012, CWT has assisted member cooperatives in making
export sales of Cheddar, Monterey Jack and Gouda cheese totaling 95.9
million pounds.
WHOLESALE SELLING PRICES: DELIVERED,
DOLLARS PER POUND (1000 - 5000 POUNDS MIXED LOTS)

Cheddar 40# Block : 2.4600-2.7450
Process 5# Sliced : 2.2300-2.3500
Muenster : 2.4800-2.8400
Grade A Swiss Cuts 10 - 14# : 3.3650-3.6875
1100C rick.whipp@ams.usda.gov


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