MD_DA851 Cheese Highlights Report 6 - Released on February 8, 2019 Cheese market upturns last week were met with some converse pressure early this week, until Thursday, when both block and barrel prices buoyed. Cheese demand is mostly steady on the coastal regions, while Midwestern cheesemakers are seeing a seasonal slowdown. Milk production and availability are similar across the country: heavy. Reported spot load prices ranged from flat to $2 under, as a number of cheese plant managers suggest they are not seeking any extra milk. Although some contacts relay respective inventories are balanced to more manageable, there is a lot of cheese in storage throughout the country. A strong U.S. dollar, and comparable global prices, have not helped generate more exporting, recently. Information for the period February 4 - 8, 2019, issued weekly Secondary Sourced Information: Friday¶s closing price for CME barrels is $1.3725, compared to $1.3000 last week. CME blocks¶ closing price is $1.5275, compared to $1.5000 last Friday. 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