MD_DA851

     Cheese Highlights

     Report 13 - Released on March 29, 2019

     Strong milk yield is guaranteeing continuous cheese production in all the regions.
     Nonetheless, in California, there have been some shifts in the types of cheese produced and
     some holdbacks on cheese production volumes as well. Altogether, cheese inventories remain
     strong. In the Midwest, supplies are being managed in a way to control further growth. There
     is a seasonal increase in cheese buying in most areas due, in part, to spring holiday
     demand. Barrel cheese is receiving most of the added interest. Uncertainty in the cheese
     market remains present and is reflected in the price gap between blocks and barrels.

     Information for the period March 25 - 29, 2019, issued weekly

     Secondary Sourced Information:

     Fridayśs closing price for CME barrels is $1.6025, compared to $1.5650 last week. CME
     blocksś closing price is $1.6450, compared to 1.5700 last Friday.

     Published by:
     Dairy Market News - Madison, WI
     FLORENCE KONE-GONZALEZ, (608)422-8594
     Email: Florence.KoneGonzalez@ams.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/