Cheese - Northeast
USDA - Wed Feb 06, 10:59AM CST
MD_DA810

     Cheese - Northeastern U.S.

     Report 6 - Released on February 06, 2019

     Northeast milk production is level to increasing in some parts of the region. Milk volumes
     are abundant and available for Class III needs. Cheese makers are receiving all the milk
     they need to run full production schedules. Cheddar, mozzarella and provolone cheese
     production is strong in the region. Supplies are stable to growing. Some manufacturers
     report stock levels are not alarmingly long, and some operations have lowered their
     inventories. The demand for regular cheese orders is steady to flat. At this time, many
     customers are not arranging additional orders. Current spot market trading activity is
     steady to slower. Northeast wholesale cheese prices for cheddar and Muenster shifted higher
     by $0.0775, also the process cheese prices moved up by $0.1050. The Grade A Swiss declined
     $0.1200 following the release of the January 2019 Announcement of Class and Component
     Prices. The Class III skim milk price for January 2019 saw a 23 cents increase. The DMN
     Northeast January 2019 monthly average price for cheddar blocks is $1.9945, compared to
     $1.9664 one month ago. Processed 5# sliced average price is $1.6214, compared to $1.6513
     one month ago.

     National Retail Report Dairy � Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 2/01/2018
      to 2/07/2018

     Cheese 8 oz. Blocks        Weighted Average Price
     National                 This Period    Last Week     Last Year
     Organic                   $3.99           n.a.          n.a.
     Conventional              $2.05          $2.28         $2.10

     Regional (Conventional)  Wtd. Ave.      Low           High
      Northeast                $2.24          $1.66         $3.00
      Southeast                $2.03          $1.23         $3.00


     Cheese 8 oz. Shred         Weighted Average Price
     National                 This Period    Last Week     Last Year
      Organic                  $3.99          $3.49         $4.15
      Conventional             $2.11          $2.23         $2.18

     Regional (Conventional)  Wtd. Ave.      Low           High
      Northeast                $2.10          $1.50         $3.49
      Southeast                $2.01          $1.50         $3.50
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              1.9150-2.2000
     Muenster                            1.9000-2.2500
     Process American 5 pound Sliced     1.4100-1.8900
     Swiss 10-14 pound Cuts              3.0550-3.3775

     Information for the period February 4 - 8, 2019, issued weekly

     Secondary Sourced Information:

     The CME Group January 2019 monthly average price for barrels was $1.2379, compared to
     $1.2829 a month ago; blocks� average price was $1.4087, up from $1.3764 a month ago.

     Dairy Products Report � Cheese Summary
     Released February 4, 2019, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

     Cheese Production � United States: November 2017 and November 2018
                      Monthly Production (1000 pounds)     Percent Change from
     Total Cheese 1        Nov.        Oct.        Nov.         Nov.      Oct.
      Region              2017        2018        2018         2017      2018
     United States     1,070,668   1,129,891   1,081,639        1.0      -4.3

       Atlantic          140,049     143,994     135,467       -3.3      -5.9
       Central           492,554     509,876     485,286       -1.5      -4.8
       West              438,065     476,021     460,886        5.2      -3.2

                      Monthly Production (1000 pounds)      Percent Change from
     American Cheese 2     Nov.        Oct.        Nov.         Nov.      Oct.
      Region              2017        2018        2018         2017      2018
     United States       413,714     438,187     422,799        2.2      -3.5

       Atlantic           27,136      27,594      27,794        2.4       0.7
       Central           211,721     212,171     207,687       -1.9      -2.1
       West              174,857     198,422     187,318        7.1      -5.6

                      Monthly Production (1000 pounds)      Percent Change from
     Italian Cheese        Nov.        Oct.        Nov.         Nov.      Oct.
      Region              2017        2018        2018         2017      2018
     United States       456,821     474,764     464,305        1.6      -2.2

       Atlantic           60,493      60,026      60,559        0.1       0.9
       Central           184,737     194,789     182,642       -1.1      -6.2
       West              211,591     219,949     221,104        4.5       0.5

     Cheese Production � Cumulative Production January - November
                      Cumulative Production   Percent Change
                            (1000 pounds)         from
     Cheese Type          2017        2018        2017
     Total Cheese 1   11,553,601  11,838,623       2.5
     American 2        4,628,017   4,736,559       2.3
     Italian           4,914,109   5,053,812       2.8
     1/ Excludes cottage cheese.
     2/ Includes cheddar, colby, washed curd, stirred curd, Monterey and jack.
     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: Jessica.Mueller@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
     DMN MARS (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home