MD_DA851 Cheese Highlights Report 46 - Released on November 15, 2019 Cheese production continues at steady to more active rates in the United States. Milk availability was mixed, but cheese producers are beginning to find more discounted spot loads. Holiday-related cheese ads are increasing. Northeastern contacts relay mozzarella and provolone demand is stable. Curd orders have slowed seasonally, but some curd producers have shifted to barrel production with current market trends. Speaking of which, cheese markets are facing some downward pressure. After barrel prices reached nearly $2.40 last week, they have begun to fall back to earth. Block prices are atypically well-under those of barrel prices. Generally, markets are in a correction/descension status. Most contacts expected some market pushback, but concerns now center around how much of a slide will occur before markets regulate. Information for the period November 11 - 15, 2019, issued weekly Secondary Sourced Information: On the CME, the weekly average for barrels is $2.2710, down $.0820 from last week. Blocks' weekly average is $1.9310, down $.1790. 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