HDR1012000160050815970830CHEDDAR CHEESE PRICES Cheddar Cheese Prices National Agricultural Statistics Service USDA Washington, D.C. Released August 15, 1997, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, U.S. Department of Agriculture. For information on "Cheddar Cheese Prices" call Kevin Hintzman at (202) 720-4448, office hours 7:30 a.m. to 4:00 p.m. ET. Barrel Prices Rise 3.4 Cents, 40 lb. Blocks Up 2.2 Cents Prices received for 500 lb. barrel Cheddar cheese rose 3.4 cents per lb. for the week ending August 8, 1997. Prices increased the most in the MN/WI region rising 4.6 cents per lb. Prices for 40 lb. blocks also continued to rise, increasing 2.2 cents per lb. Prices for 640 lb. blocks increased less than 1 cent. Data Reliability: The survey collects price information on sales of natural, unaged, Cheddar cheese at the first (wholesale) point of sale. Data are recorded for sales transactions completed during the survey week. A transaction is considered complete when cheese is shipped out or title transfers. The 65 plants reporting account for an estimated 85 percent of natural Cheddar cheese sales. Estimates for only the current month are subject to revision. * * * * * * * * The next "Cheddar Cheese Prices" report will be released at 8:30 a.m. ET on August 22, 1997. Only electronic subscriptions are available for this report. Print copies are available at USDA, Room 5829, So. Bldg. This report is also available on autofax at 202-720-2000, document # 5300. Da 2-8 (8-97) Cheddar Cheese Prices by Style and Region -------------------------------------------------------------------------------- : Week Ending Style and Region :----------------------------------------------------------- : Aug 8, : Aug 1, : Jul 25, : Jul 18, : Jul 11, : 1997 : 1997 1/ : 1997 : 1997 : 1997 -------------------------------------------------------------------------------- 40 Lb. Blocks: : Dol./Lb. Avg. Price 2/ : : MN/WI : 1.3031 1.2753 1.2636 1.2078 1.1906 West 3/ : 1.2297 1.2160 1.1950 1.1617 1.1479 US 4/ : 1.2537 1.2320 1.2150 1.1787 1.1603 : Sales Volume 5/ : Pounds : MN/WI : 1,387,882 1,072,017 1,095,379 1,697,923 1,090,694 West 3/ : 3,206,838 3,164,620 3,269,397 3,923,510 3,400,241 US 4/ : 4,682,322 4,483,640 4,498,972 5,857,381 4,697,274 -------------------------------------------------------------------------------- 640 Lb. Blocks: : Dol./Lb. Avg. Price 2/ : : US : 1.2758 1.2664 1.2390 1.1863 1.1701 : Sales Volume 5/ : Pounds : US : 1,066,175 478,905 1,055,345 863,666 1,098,164 -------------------------------------------------------------------------------- 500 Lb. Barrels: : Dol./Lb. Avg. Price 2/ : : MN/WI : 1.2994 1.2443 1.2177 1.2158 1.2131 Oth : 1.2780 1.2437 1.1948 1.1920 1.1900 US : 1.2845 1.2440 1.2044 1.2006 1.1996 : Adj. Price to : 39 % Moisture : : MN/WI : 1.2224 1.1768 1.1384 1.1370 1.1295 Oth : 1.1891 1.1555 1.1089 1.1058 1.1036 US : 1.1992 1.1649 1.1212 1.1170 1.1144 : Sales Volume 5/ : Pounds : MN/WI : 3,040,936 4,006,256 3,707,010 3,465,431 3,318,522 Oth : 6,934,623 5,017,545 5,186,678 6,121,424 4,637,298 US : 9,975,559 9,023,801 8,893,688 9,586,855 7,955,820 : Moisture Content : Percent : MN/WI : 35.16 35.50 34.75 34.77 34.48 Oth : 34.44 34.34 34.27 34.25 34.22 US : 34.66 34.86 34.47 34.44 34.33 -------------------------------------------------------------------------------- 1/ Revised. 2/ Prices weighted by volumes reported. 3/ CA, ID, OR, and WA. 4/ "Other Regions" included in U.S. total. 5/ Sales as reported by cooperating manufacturers. Cheddar Cheese Prices Agricultural Statistics Board August 1997 2 NASS, USDA