Cheese - Midwest
USDA - Wed May 15, 8:58AM CDT
MD_DA830

     Cheese - Midwestern U.S.

     Report 20 - Released on May 15, 2019

     Recent weeks� cheese demand reports have been mixed to bullish, but this week more
     Midwestern cheesemakers, of varying cheese types, are suggesting lower sales numbers.
     However, cheese producers report expectations are generally being met, while some say they
     predict the slowdown to last upwards of a month. The spot milk price range widened this
     week, although it is averaging flat Class. The reported spot milk range was $2 under to $2
     over. Comparing the week 20 averages to past years is telling of the current downtrend in
     milk supplies. Last year during week 20, the average was $3 under, while in 2017 spot milk
     prices averaged $4.50 under Class, with discounts reaching $6 under. All said, cheese plant
     schedules are steady with available milk supplies, although not as many contacts report the
     7-day workweeks reported in mid-May in prior years. Cheese markets have felt slippery this
     week. Barrel prices, which reached over the $1.70 mark late last week, have fallen to
     $1.60. Block prices, although steadier than barrels, are also trickling. Midwestern
     wholesale prices are unchanged for Swiss cuts, up $.0850 for process and up $.0300 for all
     other types.

     National Retail Report Dairy � Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 5/10/2019
      to 5/16/2019
     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Organic                     n.a.             n.a.            n.a.
     Conventional               $2.01            $2.37           $2.26

     Regional (Conventional)   Wtd. Ave.          Low            High
     Alaska                       n.a.            n.a.            n.a.
     Hawaii                       n.a.            n.a.            n.a.
     Midwest                     $1.94           $1.88           $2.00
     Northeast                   $2.13           $1.67           $2.99
     Northwest                   $2.00           $2.00           $2.00
     South Central               $2.17           $2.00           $2.22
     Southeast                   $1.82           $1.23           $3.00
     Southwest                   $2.34           $2.00           $2.50

     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week       Last Year
     Organic                   $3.29              n.a.           $3.54
     Conventional              $2.22             $2.31           $2.18

     Regional (Conventional)   Wtd. Ave.          Low            High
     Alaska                       n.a.            n.a.            n.a.
     Hawaii                       n.a.            n.a.            n.a.
     Midwest                     $2.17           $1.66           $2.50
     Northeast                   $2.12           $1.88           $2.99
     Northwest                   $1.99           $1.99           $2.00
     South Central               $2.41           $2.00           $3.49
     Southeast                   $2.06           $1.49           $3.00
     Southwest                   $2.54           $1.99           $3.49

     Regional (Organic)        Wtd. Ave.          Low            High
     Northwest                   $3.50           $3.50           $3.50
     Southeast                   $3.00           $3.00           $3.00

     WISCONSIN WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Blue 5 pounds                       2.3325-3.4025
     Brick 5 pounds                      2.0650-2.4900
     Cheddar 40 pound Block              1.7875-2.1875
     Monterey Jack 10 pounds             2.0400-2.2450
     Mozzarella 5-6 pounds               1.8650-2.8050
     Muenster 5 pounds                   2.0650-2.4900
     Process American 5 pound Loaf       1.8100-2.1700
     Swiss 6-9 pound Cuts                2.5100-2.6275


     Information for the period May 13 - 17, 2019, issued weekly

     Secondary Sourced Information:

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

                                                2019 Imports      % Change From
     March Imports                              (Million Lb.)       1 Year Ago
       TOTAL Cheese and Curd (H.S. Code 0406)       30.8             +  9
       Cheese, Except Fresh (H.S. Code 040690)      27.0             + 14
       Fresh Cheese (H.S. Code 040610)               1.5             - 35
       Cheese, Processed (H.S. Code 040630)          1.3             -  4
       Cheese, Blue-Veined (H.S. Code 040640)        0.8             -  3

                                                2019 Imports      % Change From
                                                (Million Lb.)       1 Year Ago
     TOTAL, JAN - MAR                               85.3              ...
     Imports - Country of Origin
     1 Italy                                       19.2             + 14
     2 France                                       9.4              ...
     3 Netherlands                                  6.2             + 18
     4 Spain                                        5.0             +  3
     5 Switzerland                                  4.7             -  6
     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: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home