Cheese - Northeast
MD_DA810

     Cheese - Northeastern U.S.

     Report 41 - Released on October 09, 2019

     Cheese orders are steady in the Northeastern region. Mozzarella producers say demand remains
     intact, and they are mostly booked up for the rest of 2019. Northeastern cheese supplies
     have grown following steady to active production in recent weeks/months. That said,
     producers say they are not overly concerned about current stores. Cheese market tones
     continue bullishly, as barrel prices are rallying toward those of blocks. In the Northeast,
     the wholesale cheese price for both cheddar and Muenster shifted higher $0.0250, process
     cheese prices moved higher by $0.1275. The Grade A Swiss price moved up $.1425 cents from
     last week.

     The DMN Northeast September 2019 monthly average price for cheddar blocks is $2.6266,
     compared to $2.4615 one month ago. Processed 5# sliced average price is $2.1578, compared
     to $2.1099 one month ago.

     National Retail Report Dairy � Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     10/04/2019 to 10/10/2019
     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.27           $2.07          $2.15
     Organic                      n.a.           $3.99          $4.39

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                   $2.05           $1.67          $3.00
     Southeast                   $2.51           $1.50          $3.00


     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.24           $2.27          $2.19
     Organic                     $3.79           $3.49           n.a.

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                   $2.20           $1.49          $3.29
     Southeast                   $2.32           $1.50          $3.00
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              2.4475-2.7350
     Muenster                            2.4350-2.7850
     Process American 5 pound Sliced     1.9050-2.3850
     Swiss 10-14 pound Cuts              3.4075-3.7300


     Information for the period October 7 - 11, 2019, issued weekly

     Secondary Sourced Information:

     The CME Group September 2019 monthly average price for barrels was $1.7463, compared to
     $1.7081 a month ago; blocks� average price was $2.0395, up from $1.8791 a month ago.

     2019 U.S. Cheese and Curd Imports (USDA-FAS)
     (Imports for Consumption)

                                                2019 Imports      % Change From
     August Imports                             (Million Lb.)       1 Year Ago
       TOTAL Cheese and Curd (H.S. Code 0406)       35.7             + 10

       Cheese, Except Fresh (H.S. Code 040690)      31.9             + 13
       Fresh Cheese (H.S. Code 040610)               1.7             -  5
       Cheese, Processed (H.S. Code 040630)          1.1             - 24
       Cheese, Blue-Veined (H.S. Code 040640)        0.8             -  5

                                                2019 Imports      % Change From
                                                (Million Lb.)       1 Year Ago
     TOTAL, JAN � AUG                              247.8             +  2
     Imports - Country of Origin
      1 Italy                                       56.5             + 25
      2 France                                      30.0             -  2
      3 Netherlands                                 19.6             +  7
      4 Spain                                       15.8             -  7
      5 Switzerland                                 11.5             -  4


     2019 U.S. Cheese and Curd Exports (USDA-FAS)
                      2019 Exports      % Change From
                      (Million Lb.)       1 Year Ago
     August               58.6              -  6

     TOTAL, JAN � AUG    545.6              +  2
     Exports � Destination Country
      1 Mexico           134.0              - 10
      2 South Korea      101.3              + 13
      3 Japan             58.7              +  7
      4 Australia         32.3              - 16
      5 Chile             16.7              +  6

     Dairy Products Report � Cheese Summary
     Released October 3, 2019, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

     Cheese Production � United States: August 2018 and 2019
                      Monthly Production (1000 pounds)     Percent Change from
     Total Cheese 1        Aug         July        Aug          Aug       July
      Region              2018        2019        2019         2018      2019
     United States   1,086,966   1,092,686   1,110,622          2.2       1.6

       Atlantic        133,829     133,942     132,891         -0.7      -0.8
       Central         504,434     499,671     511,958          1.5       2.5
       West            448,703     459,073     465,773          3.8       1.5

                      Monthly Production (1000 pounds)      Percent Change from
     American Cheese 2     Aug         July        Aug          Aug       July
      Region              2018        2019        2019         2018      2019
     United States     435,388     437,343     457,747          5.1       4.7

       Atlantic         28,391      27,707      28,630          0.8       3.3
       Central         216,951     218,184     215,086         -0.9      -1.4
       West            190,046     191,452     214,031         12.6      11.8

                      Monthly Production (1000 pounds)      Percent Change from
     Italian Cheese        Aug        July         Aug          Aug      July
      Region              2018        2019        2019         2018      2019
     United States     453,431     465,587     457,064          0.8      -1.8

       Atlantic         59,105      58,457      57,838         -2.1      -1.1
       Central         183,363     187,259     193,236          5.4       3.2
       West            210,963     219,871     205,990         -2.4      -6.3


     Cheese Production � Cumulative Production January - August
                          Cumulative Production   Percent Change

                            (1000 pounds)              from
     Cheese Type               2018         2019       2018
     Total cheese 1        8,602,965    8,676,375       0.9
     American Cheese 2     3,490,154    3,467,820      -0.6
     Italian Cheese        3,673,822    3,753,863       2.2

     1/ Excludes cottage cheese.
     2/ Includes cheddar, colby, washed curd, stirred curd, Monterey and jack.
     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
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