Cheese - Northeast USDA - Tue Nov 24, 4:55PM UTC MD_DA810
Cheese - Northeastern U.S.
Report 47 - Released on November 18, 2020
Cheese markets are bearing a softer tone. On the CME Group, cheddar cheese block and barrel
prices have fallen. Buyers� demands for fresh cheese is slowing a bit. There are some market
participants purchasing spot orders for their immediate needs. Manufacturers� production
schedules are fairly strong. Inventory levels are gradually increasing. The foodservice
sector continues to be challenged with capacity restrictions/shutdowns. Market participants
report educational institutions� demands are fairly steady for the near term. Numerous
retailers are promoting a variety of cheese products for the holidays. In addition, grocers
are adding order online/pick up options to encourage safe shopping.
In the Northeast, the wholesale cheese prices for both cheddar and Muenster decreased
$0.4475. In addition, the process cheese price is down $0.4675. The Grade A Swiss price is
unchanged this week.
WHOLESALE SELLING PRICES: DELIVERED
DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))
Cheddar 40 pound Block 2.6000-2.8875
Muenster 2.5875-2.9375
Process American 5 pound Sliced 2.1025-2.5825
Swiss 10-14 pound Cuts 3.6675-3.9900
Information for the period November 16 - 20, 2020, issued weekly
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
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