MD_DA840

     Cheese - Western U.S.

     Report 34 - Released on August 21, 2019

     In the West, cheese export sales are good and unchanged from the prior week, but there is an
     increase in global competition. Domestic consumptions of cheese are contributing to the
     balancing of supplies. Cheese inventories are adequate, with barrels' availability outpacing
     blocks. The spread between barrels and blocks has recently increased. Industry players are
     in wait to see if it will come down any time soon. In the interim, market conditions seem to
     be stable compared to last week. Cheese output is ongoing, but diverges based on milk
     availability in each western location. While some processors have enough milk for cheese
     production, others are taking extra loads of milk wherever possible. Cheese is also being
     fortified with nonfat dry milk.

     National Retail Report Dairy ± Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 8/16/2019
      to 8/22/2019
     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.21           $2.14          $2.38
     Organic                     $3.99           $3.99          $5.04

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northwest                   $1.99           $1.99          $1.99
     Southwest                   $2.79           $2.00          $2.99

     Regional (Organic)        Wtd. Ave.          Low            High
     Southwest                   $3.99           $3.99          $3.99

     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.35           $2.29          $2.43
     Organic                     $3.78            n.a.          $3.49

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northwest                   $1.91           $1.67          $1.99
     Southwest                   $2.70           $2.00          $2.99

     Regional (Organic)        Wtd. Ave.          Low            High
     Northwest                   $3.79           $3.79          $3.79
     Southwest                   $3.99           $3.99          $3.99
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 10 pound Cuts               2.2100-2.4100
     Cheddar 40 pound Block              1.9625-2.4525
     Monterey Jack 10 pounds             2.1975-2.4725
     Process American 5 pound Loaf       1.8475-2.1025
     Swiss 6-9 pound Cuts                2.8750-3.3050


     Information for the period August 19 - 23, 2019, issued weekly

     Secondary Sourced Information:

     In CME Group trading Wednesday, barrels closed at $1.6800, compared to the weekly average
     price of $1.7440 from last week. Blocks closed at $1.9050, compared to the weekly average
     price of $1.8800 from last week.

     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