MD_DA811

     Cheese - Foreign Type

     Report 45 - Released on November 06, 2019

     In the European Union, the cheese market is balanced to tighter. Available stocks are barely
     enough to meet obligations. Generally, spot demands outpace inventories. As so, sellers are
     requesting higher prices that buyers are accepting without hesitation to safeguard
     coverages. Intakes of cheese within the European Union are at seasonal levels, but sales to
     other countries remain very strong. In Germany, the age structure of semi-hard cheese is the
     youngest possible, so it cannot be further reduced. As the autumn holidays come to an end,
     industry players expect cyclical cheese orders to remain high. Cheese production is mostly
     stable. In the U.S., domestic prices for blue, gorgonzola, parmesan, and Romano have
     augmented $.0525, while Swiss cheese price improved $.0050. All the other prices in the
     table below are stable.
     WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK
     DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)
                                     :      NEW YORK
     VARIETY                         :      IMPORTED        :      DOMESTIC
                                     :                      :
     Blue                            :    2.6400-5.2300     :   2.6750-4.1625*
     Gorgonzola                      :    3.6900-5.7400     :   3.1825-3.9000*
     Parmesan                        :         -0-          :   4.0625-6.1525*
     Romano                          :         -0-          :   3.8650-6.0200*
     Sardo Romano (Argentina)        :    2.8500-4.7800     :         -0-
     Reggianito (Argentina)          :    3.2900-4.7800     :         -0-
     Jarlsberg                       :    2.9500-6.4500     :         -0-
     Swiss                           :         -0-          :   3.4500-3.7725*
     Swiss (Finland)                 :    2.6700-2.9300     :         -0-
     * = Price change.

     Information for the period November 4 - 8, 2019, issued weekly
     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