MD_DA830 Cheese - Midwestern U.S. Report 3 - Released on January 16, 2019 Cheese production has scaled back since the holidays, as regional producers manage post- holiday inventories. Some have reported that stores are back to normal. Plant managers who typically run a six or seven-day workweek have reported limiting work to five days when possible, depending on milk availability. More spot milk prices are zeroing in toward flat Class this week, while some discounts and overages were reported. The spot milk range is $2 under to $.50 over Class. The CME market price gap, between block and barrel prices, has returned to the $.20 range this week. Barrel producers who can shift production to other varieties and/or sell milk back on the spot market are doing so. Additionally, block producers are concerned while the large market price chasm exists. They suggest even though there is a chance barrel prices could ascend to meet block prices, the inverse possibility of block prices declining to converge with barrel prices creates hesitant buyers and a generally inferior market dynamic. Midwestern wholesale prices are unchanged for Swiss Cuts, down $.0375 for barrels and down $.0300 other types. National Retail Report Dairy ± Cheese Summary Advertised Prices at Major Retail Supermarket Outlets ending during the period of 1/11/2019 to 1/17/2019 Cheese 8 oz. Blocks Weighted Average Price National This Period Last Week Last Year Organic n.a. n.a. $2.99 Conventional $1.91 $2.27 $2.03 Regional (Conventional) Wtd. Ave. Low High Alaska n.a. n.a. n.a. Hawaii $2.66 $2.50 $2.99 Midwest $1.78 $0.99 $1.88 Northeast $2.16 $1.66 $2.50 Northwest $2.42 $1.88 $2.99 South Central $1.61 $1.23 $2.50 Southeast $1.86 $1.23 $2.99 Southwest $2.30 $1.49 $2.99 Cheese 8 oz. Shred Weighted Average Price National This Period Last Week Last Year Organic $2.49 n.a. $2.99 Conventional $2.32 $2.06 $2.18 Regional (Conventional) Wtd. Ave. Low High Alaska n.a. n.a. n.a. Hawaii $2.50 $2.50 $2.50 Midwest $2.08 $1.66 $3.49 Northeast $2.55 $1.66 $3.49 Northwest $2.65 $1.88 $3.00 South Central $2.25 $1.98 $2.50 Southeast $2.28 $1.88 $3.00 Southwest $2.14 $1.49 $2.99 WISCONSIN WHOLESALE SELLING PRICES: DELIVERED DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS)) Blue 5 pounds 2.0200-3.0900 Brick 5 pounds 1.7525-2.1775 Cheddar 40 pound Block 1.4800-1.8750 Monterey Jack 10 pounds 1.7275-1.9325 Mozzarella 5-6 pounds 1.5525-2.4925 Muenster 5 pounds 1.7525-2.1775 Process American 5 pound Loaf 1.3525-1.7125 Swiss 6-9 pound Cuts 2.6900-2.8075 Information for the period January 14 - 18, 2019, issued weekly Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@ams.usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: http://www.ams.usda.gov/market-news/dairy DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home