MD_DA810

     Cheese - Northeastern U.S.

     Report 26 - Released on June 26, 2019

     Domestic cheddar cheese spot market prices and trades have increased on various market
     exchanges. Cheese production schedules in the Northeast are fairly busy. Available milk
     supplies are keeping plants operating at/near capacity. Most manufacturers' inventories are
     sufficient for filling near-term orders. Some plants are building inventories. Regional
     retail and food service demands have been positive. In the Northeast, the wholesale cheese
     prices for cheddar and Muenster moved up by $0.0050. Also, the process cheese prices
     increased by $0.1100. The Grade A Swiss price is unchanged this week.

     National Retail Report Dairy ą Cheese Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of 6/21/2019
      to 6/27/2019

     Cheese 8 oz. Blocks                Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.23           $2.23          $2.23
     Organic                     $3.69            n.a.           n.a.

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                   $2.27           $1.77           $2.99
     Southeast                   $2.36           $1.67           $3.00

     Regional (Organic)        Wtd. Ave.          Low             High
     South Central               $3.69           $3.69           $3.69


     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.29           $2.13          $2.32
     Organic                     $3.09            n.a.           n.a.

     Regional (Conventional)   Wtd. Ave.          Low            High
     Northeast                   $2.41           $1.50          $3.99
     Southeast                   $2.25           $1.00          $2.50

     Regional (Organic)        Wtd. Ave.          Low            High
     Southeast                   $3.00           $3.00          $3.00
     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              2.2500-2.5350
     Muenster                            2.2350-2.5850
     Process American 5 pound Sliced     1.8375-2.3175
     Swiss 10-14 pound Cuts              3.1250-3.4475

     Information for the period June 24 - 28, 2019, issued weekly

     Secondary Sourced Information:

     Cold Storage ą Cheese Summary
     Released June 21, 2019, by the National Agricultural Statistics Service (NASS), Agricultural
     Statistics Board, United States Department of Agriculture (USDA).
     * Record monthly high total.

                                                                       5/31/19
                      Stocks in all Warehouses (1,000 pounds)     as a percent of
     Natural Cheese           5/31/18     4/30/19     5/31/19   5/31/18   4/30/19
     Total natural cheese   1,384,940   1,398,836   1,386,003     100       99

     American, total          804,075     782,634     784,817      98      100
     New England               66,171      69,797      70,026     106      100
     Middle Atlantic           71,457      71,433      71,410     100      100
     East North Central       339,219     337,617     338,860     100      100
     West North Central       131,961     120,577     119,600      91       99
     South Atlantic               508         418         368      72       88
     East South Central        19,627      11,343      10,965      56       97
     West South Central         9,193       4,879       4,668      51       96
     Mountain                  60,532      55,546      57,506      95      104
     Pacific                  105,407     111,024     111,414     106      100

     Swiss, total              31,424      28,176      24,659      78       88

     Other, total             549,441     588,026     576,527     105       98
     New England                  656         877         887     135      101
     Middle Atlantic           17,398      14,386      15,517      89      108
     East North Central       374,611     368,251     373,015     100      101
     West North Central        46,313      46,241      45,075      97       97
     South Atlantic            28,450      65,423      51,266     180       78
     East South Central        17,863      22,962      24,321     136      106
     West South Central         2,804       3,390       2,497      89       74
     Mountain                   2,879       2,826       2,907     101      103
     Pacific                   58,467      63,670      61,042     104       96

     May Records                Record High              Record Low
                          (1000 pounds)      Year  (1000 pounds)     Year
     American               1,103,434        1984       7,301        1916
     Swiss                     33,702        2011         303        1918
     Other*                   576,527        2019       2,389        1918
     Total Natural Cheese*  1,386,003        2019      23,087        1918
     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/