MD_DA810

     Cheese - Northeastern U.S.

     Report 50 - Released on December 11, 2019

     Northeast cheese makers’ production schedules are fairly steady in the region. Mozzarella
     and provolone cheese orders are healthy for the holiday season. Manufacturers’ supplies are
     balanced to available. Many grocery stores are heavily advertising cheese discounts. This
     week, several market participants were anticipating cheese prices to decrease, as cheddar
     barrel prices plummeted. Market conditions are unsettled currently. In the Northeast, the
     wholesale cheese price for both cheddar and Muenster increased $0.0350. In addition, the
     process cheese prices heightened by $0.0550. The Grade A Swiss price grew $0.0800 following
     the release of the November 2019 Announcement of Class and Component Prices. Additionally,
     the Class III skim milk price for November 2019 saw a $2.10 increase.

     NATIONAL RETAIL REPORT DAIRY – CHEESE SUMMARY
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     12/06/2019 to 12/12/2019
     Cheese 8 oz. Blocks               Weighted Average Price
     National                 This Period     Last Week      Last Year
     Conventional                $2.29          $1.95          $2.09
     Organic                     $4.99           n.a.           n.a.

     Regional (Conventional)   Wtd. Ave.         Low            High
     Northeast                   $2.27          $1.50          $3.99
     Southeast                   $2.44          $2.00          $3.49

     Regional (Organic)         Wtd. Ave.        Low            High
     Northeast                    n.a.           n.a.           n.a.
     Southeast                    n.a.           n.a.           n.a.

     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.32          $2.35          $2.15
     Organic                     $3.79           n.a.          $3.43

     Regional (Conventional)    Wtd. Ave.        Low            High
     Northeast                   $2.35          $1.50          $3.50
     Southeast                   $2.44          $2.00          $3.49

     Regional (Organic)          Wtd. Ave.       Low            High
     Northeast                    n.a.           n.a.           n.a.
     Southeast                    n.a.           n.a.           n.a.
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              2.4150-2.7025
     Muenster                            2.4025-2.7525
     Process American 5 pound Sliced     2.4050-2.8850
     Swiss 10-14 pound Cuts              3.4925-3.8150

     Information for the period December 9 - 13, 2019, issued weekly

     Secondary Sourced Information:

     2019 U.S. Cheese and Curd Exports (USDA-FAS)
                      2019 Exports      % Change From
                      (Million Lb.)       1 Year Ago
     October              62.6             +  5

     TOTAL, JAN – OCT    668.7             +  3
     Exports – Destination Country
     1 Mexico            171.1             -  4
     2 South Korea       119.1             + 10
     3 Japan              66.7             +  4
     4 Australia          40.0             - 14
     5 Chile              20.4             +  5
     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