Cheese - Foreign Type
USDA - Wed Jan 03, 11:03AM CST
MD_DA811                                                         
DA                                                               
MD DA811 Cheese - Foreign Type                                   

MADISON, WI.  January 03, 2018 (REPORT 1)                        

FOREIGN TYPE CHEESE         
                                     
Currently the European Union (EU) cheese inventories are ample. Cheese 
production is unchanged from last week. However, demand seems to have slowed 
down a little bit after the holiday. Although the competition between the 
European Union (EU) and the USA for international market shares has 
increased, the EU remains by far the major world exporter of cheese. Russia 
imports of EU cheese are lower to steady while Asian countries' imports are 
increasing. Reports suggest that China introduced tariffs for cheese imports 
that will favor their cheese demand from the EU. In the U.S., the prices for 
wholesale blue, gorgonzola, parmesan Italy, and Romano increased $.0525 
while all other prices are unchanged compared to last week.                                                                                                                                                                                                                                                              
                                                               
WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK                  
DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)               
                           :    NEW YORK                  
VARIETY                    :    IMPORTED     :    DOMESTIC       
                           :                 :                   
Blue                       :  2.6400-5.2300  :  2.0250-3.5125*   
Gorgonzola                 :  3.6900-5.7400  :  2.5325-3.2500*   
Parmesan (Italy)           :       -0-       :  3.4150-5.5050*   
Romano (Cows Milk)         :       -0-       :  3.2150-5.3650*   
Sardo Romano (Argentine)   :  2.8500-4.7800  :       -0-         
Reggianito (Argentine)     :  3.2900-4.7800  :       -0-         
Jarlsberg-(Brand)          :  2.9500-6.4500  :       -0-         
Swiss Cuts Switzerland     :       -0-       :  3.3025-3.6250    
Swiss Cuts Finnish         :  2.6700-2.9300  :       -0-         

* = Price change.                                                                                                               

1100CT Florence.KoneGonzlez@ams.usda.gov (608)422-8594
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home