MD_DA840

     Cheese - Western U.S.

     Report 4 - Released on January 22, 2020

     In the West, barrels are more available than blocks. This is because some processors have
     changed their production emphasize from blocks to barrels. Sales for both blocks and barrels
     are active. However, some buyers are taking a breather from purchasing as they hope that
     cheese prices might decline. Inventories remain available to fulfill all anticipated orders
     that might come in. Cheese outputs are in line with seasonal norms. Many processing plants
     are being operated close to full performance levels to clear milk loads. In the West,
     wholesale prices were down $.0675 for process, but up $.0475 for cheddar block, cuts and
     Monterey Jack. Swiss cut wholesale prices are unchanged from the previous week.

     NATIONAL RETAIL REPORT DAIRY – CHEESE SUMMARY
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     01/17/2020 to 01/23/2020

     Cheese 8 oz. Blocks               Weighted Average Price
     National                 This Period     Last Week      Last Year
     Conventional                $2.46          $2.29          $2.15
     Organic                     $5.49           n.a.           n.a.

     Regional (Conventional)   Wtd. Ave.         Low            High
     Northwest                   $2.57          $2.50          $2.99
     Southwest                   $2.63          $2.50          $2.99

     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.47          $2.33          $2.15
     Organic                     $3.39          $3.59           n.a.

     Regional (Conventional)    Wtd. Ave.        Low            High
     Northwest                   $2.58          $2.00          $2.80
     Southwest                   $2.54          $2.00          $2.99

     Regional (Organic)          Wtd. Ave.       Low            High
     Northwest                   $3.79          $3.79          $3.79
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 10 pound Cuts               2.2375-2.4375
     Cheddar 40 pound Block              1.9900-2.4800
     Monterey Jack 10 pounds             2.2250-2.5000
     Process American 5 pound Loaf       1.6175-1.8725
     Swiss 6-9 pound Cuts                3.1350-3.5650

     Information for the period January 20 - 24, 2020, issued weekly

     Secondary Sourced Information:

     In CME Group trading Wednesday, barrels closed at $1.6250, compared to the weekly average
     price of $1.5145 from last week. Blocks closed at $2.0025, compared to the weekly average
     price of $1.9060 from last week.

     This week, a cooperative export assistance program accepted requests for export assistance
     on contracts to sell 282,192 pounds (128 metric tons) of cheese. So far this year, the
     program has assisted member cooperatives who have contracts to sell 604,067 pounds of
     American-type and Swiss cheeses in export markets. When combined with butter, cream cheese
     and whole milk powder, the program has assisted members with sales of 18.2 million pounds
     of milk on a milkfat basis.
     Published by:
     Dairy Market News - Madison, WI
     FLORENCE KONE-GONZALEZ, (608)422-8594
     Email: florence.konegonzalez@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 (My Market News): https://mymarketnews.ams.usda.gov