Cheese - Foreign Type
MD_DA811

     Cheese - Foreign Type

     Report 43 - Released on October 21, 2020


     The market for foreign cheese is quite stable. Manufacturers in Western Europe feel there is
     good balance in the export market to the United States. Export demand is strong. Customers
     continue to pursue contracts. Coupled with robust internal European demand, this somewhat
     strains European cheese production capacity.

     Cheese manufacturing profitability in Western Europe is among the highest for dairy products
     so most extra milk in Western Europe goes to cheese plants. With many European countries
     recently imposing a second round of COVID-19 related stay at/near home orders, there is less
     demand for fluid milk for schools and more milk going to cheese for now. Not much is
     expected to change in the near future.

     In the United States domestic prices increased $0.0675 for blue, gorgonzola, parmesan and
     romano. Other prices are steady.



     WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK
     DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)
                                     :      NEW YORK
     VARIETY                         :      IMPORTED        :      DOMESTIC
                                     :                      :
     Blue                            :    2.6400-5.2300     :   3.2225-4.7100*
     Gorgonzola                      :    3.6900-5.7400     :   3.7300-4.4475*
     Parmesan                        :         -0-          :   4.6100-6.7000*
     Romano                          :         -0-          :   4.4125-6.5675*
     Sardo Romano (Argentina)        :    2.8500-4.7800     :         -0-
     Reggianito (Argentina)          :    3.2900-4.7800     :         -0-
     Jarlsberg                       :    2.9500-6.4500     :         -0-
     Swiss                           :         -0-          :    4.2350-4.5575
     Swiss (Finland)                 :    2.6700-2.9300     :         -0-
     * = Price change.

     Information for the period October 19 - 23, 2020, issued weekly

     Secondary Sourced Information:


     EU cheese exports increased 8.0 percent from January � August 2020 compared with January �
     August 2019 according to CLAL data made available to USDA. The United States was the second
     highest destination for EU cheese, importing 77,830 MT, a 15.9 percent decrease from January
     � August 2019.

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@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