MD_DA810 Cheese - Northeastern U.S. Report 20 - Released on May 15, 2019 Northeastern cheese demand is stable with many manufacturers' customers. Pizzeria sales are good, and grocers are advertising cheese sales for the Memorial Day holiday. Class III plants are running full. Manufacturers' inventories are growing. Cheddar cheese spot prices have heightened on various market exchanges. Spot market activity is steady to a bit lower. Barrel cheddar cheese trades decreased this week. Last week on the CME Group, cheddar block and barrel weekly average prices heightened. Currently, the market has somewhat settled and prices are lower. Spot activity on various market exchanges has increased, as some market participants are in favor of the lower cheese prices. Northeast wholesale cheese prices for cheddar and Muenster increased, $0.0850, and process cheese prices moved up, $0.0300. The Grade A Swiss price is unchanged this week. National Retail Report Dairy ± Cheese Summary Advertised Prices at Major Retail Supermarket Outlets ending during the period of 5/10/2019 to 5/16/2019 Cheese 8 oz. Blocks Weighted Average Price National This Period Last Week Last Year Organic n.a. n.a. n.a. Conventional $2.01 $2.37 $2.26 Regional (Conventional) Wtd. Ave. Low High Northeast $2.13 $1.67 $2.99 Southeast $1.82 $1.23 $3.00 Cheese 8 oz. Shred Weighted Average Price National This Period Last Week Last Year Organic $3.29 n.a. $3.54 Conventional $2.22 $2.31 $2.18 Regional (Conventional) Wtd. Ave. Low High Northeast $2.12 $1.88 $2.99 Southeast $2.06 $1.49 $3.00 WHOLESALE SELLING PRICES: DELIVERED DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS)) Cheddar 40 pound Block 2.1575-2.4425 Muenster 2.1425-2.4925 Process American 5 pound Sliced 1.8550-2.3350 Swiss 10-14 pound Cuts 2.9950-3.3175 Information for the period May 13 - 17, 2019, issued weekly Secondary Sourced Information: 2019 U.S. Cheese and Curd Exports (USDA-FAS) 2019 Exports % Change From (Million Lb.) 1 Year Ago March 82.0 + 10 TOTAL, JAN - MAR 215.1 + 10 Exports ±Destination Country 1 Mexico 48.7 - 10 2 South Korea 45.0 + 46 3 Japan 23.6 + 17 4 Australia 14.4 + 1 5 Chile 6.3 - 13 Published by: Dairy Market News - Madison, WI JESSICA MUELLER, 608-422-8589 Email: jessica.mueller@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/