MD_DA811 Cheese - Foreign Type Report 21 - Released on May 25, 2022 Little has changed within the market dynamics for European style cheeses. Industry sources report that higher retail prices have not had a significant impact on retail consumer demand. There are not really any other options given that prices for all food items have risen. Orders from the restaurant sector are growing ahead of the summer holiday season, but buyers and sellers are cautious, not wanting to overextend. Shipments into export channels continue to run into logistical challenges. European style cheese inventories are still tight, and there is a young profile within aging facilities. Some industry contacts think this may not change for some time. European milk production is near its seasonal peak, and without more milk available for cheesemaking, it may be difficult to build any additional supplies. FOREIGN TYPE CHEESE WHOLESALE PRICE ADJUSTMENTS United States domestic cheese prices increased $.0800 for blue, gorgonzola, parmesan and romano. All other prices are unchanged. WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS) : NEW YORK VARIETY : IMPORTED : DOMESTIC : : Blue : 2.6400-5.2300 : 2.6875-4.1750* Gorgonzola : 3.6900-5.7400 : 3.1950-3.9125* Parmesan : -0- : 4.0750-6.1650* Romano : -0- : 3.8775-6.0325* Sardo Romano (Argentina) : 2.8500-4.7800 : -0- Reggianito (Argentina) : 3.2900-4.7800 : -0- Jarlsberg : 2.9500-6.4500 : -0- Swiss : -0- : 3.8350-4.1600 Swiss (Finland) : 2.6700-2.9300 : -0- * = Price change. Information for the period May 23 - 27, 2022, issued weekly Secondary Sourced Information: EU cheese production January - March 2022, is estimated at 2,302,189 MT, a decrease of 2.0 percent from January - March 2021 according to CLAL data made available to USDA. Among some of the leading Western European cheese producing countries, the January - March 2022 cheese production and the percentage change compared with January - March 2021 are Germany, 624,419 MT, +0.2 percent; France, 432,410 MT, +1.5 percent; Italy, 296,380 MT -1.1 percent; and Netherlands, 234,600 MT, -3.3 percent. According to CLAL data made available to USDA, cheese exports from the EU27 January - March 2022, 326,000 MT are up 1.9 percent from January - March 2021. Main destinations January - March 2022, quantity, and percent change from January - March 2021 are United Kingdom, 96,986 MT, +14.28 percent; United States, 29,001 MT, +13.17 percent; and Japan, 26,481 MT, -6.06 percent. Published by: Dairy Market News - Madison, WI MIKE BANDLI, (608)422-8592 Email: mike.bandli@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