MD_DA830

     Cheese - Midwestern U.S.

     Report 42 - Released on October 16, 2019

     Midwestern cheese producers, for the past two weeks, have pointed to $2-plus cheese prices
     as a catalyst for sliding sales. Market prices for both barrels and blocks are over $2 and
     within a tight range of one another for the first time since barrels slipped down into the
     $1.60s as recently as September 30th, when the price gap was hovering around $.25. Cheese
     production is ongoing at steady rates. Milk flowing down into the Southeast has kept spot
     milk at a premium, typically around $1 over, for the past two weeks. Cheesemakers continue
     to use nonfat dry milk stores to standardize/fortify during production. Regionally, cheese
     inventories are balanced to tighter. Midwestern wholesale prices are unchanged for Swiss
     cuts, up $.1750 for process and up $.0700 for all other types.

     National Retail Report Dairy – Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     10/11/2019 to 10/17/2019
     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.32           $2.27          $2.34
     Organic                      n.a.            n.a.          $3.79

     Regional (Conventional)   Wtd. Ave.          Low            High
     Midwest                     $2.68           $1.67          $3.00
     South Central               $2.12           $1.88          $3.00


     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.40           $2.24          $2.26
     Organic                      n.a.           $3.79           n.a.

     Regional (Conventional)   Wtd. Ave.          Low            High
     Midwest                     $2.39           $1.59          $3.00
     South Central               $2.90           $2.00          $3.00
     WISCONSIN WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Blue 5 pounds                       2.7000-3.7700
     Brick 5 pounds                      2.4325-2.8575
     Cheddar 40 pound Block              2.1550-2.5550
     Monterey Jack 10 pounds             2.4075-2.6125
     Mozzarella 5-6 pounds               2.2325-3.1775
     Muenster 5 pounds                   2.4325-2.8575
     Process American 5 pound Loaf       2.0100-2.3700
     Swiss 6-9 pound Cuts                2.9225-3.0400


     Information for the period October 14 - 18, 2019, issued weekly

     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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov