MD_DA810

     Cheese - Northeastern U.S.

     Report 43 - Released on October 21, 2020

     Cheese makers are clearing strong milk loads for active production schedules in the East.
     Manufacturers� cheese supplies are balanced to growing. Many market participants are
     interested where inventory levels will be at the end of the year. Retail sales are holding
     fairly steady. The holidays are right around the corner and numerous grocers are advertising
     cheese product varieties for holiday cooking. Cream cheese production is strong, and there
     are reports retailers are purchasing large orders. Foodservice sales are mixed in the
     region. Capacity limitations and shutdowns are taking a toll on the restaurant industry.
     There are reports food programs have extended schools� free meals to students through the
     end of the school year, potentially affecting educational institutions� cheese and milk
     demands. On the CME Group, block and barrel prices are around the $2.30 and $2.70 marks.

     In the Northeast, the wholesale cheese prices for both cheddar and Muenster increased
     $0.0675. In addition, the process cheese price is up $0.1625. The Grade A Swiss price is
     steady this week.

     WHOLESALE SELLING PRICES: DELIVERED
     DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

     Cheddar 40 pound Block              3.1625-3.4500
     Muenster                            3.1500-3.5000
     Process American 5 pound Sliced     2.2725-2.7525
     Swiss 10-14 pound Cuts              4.1975-4.5200


     Information for the period October 19 - 23, 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