MD_DA851
DA
MD DA851 CHEESE HIGHLIGHTS 

MADISON, WI   July 14, 2017   (REPORT 28)

Milk intakes, into Class III processing, are steady to slower 
across the nation. Even so, plentiful milk is expected to be 
available for cheesemakers until school districts commence next 
month. Cheddar production in the Northeast is steady. Some cheese 
producers in the Midwest, experiencing a seasonal ordering surge, 
are shifting production activity towards a summer favorite, cheese 
curds. Swiss cheese makers in the Northeast are also reporting 
markedly improved demand year over year. Western contacts 
anticipate lower cheese prices will help spur global opportunities. 
Cheese inventories are generally reported as long, particularly in 
barrel varieties. Although cheese prices are increasing, contacts 
remain anxious about the large block to barrel price variance on 
the CME. CME Group trading Friday, barrels closed at $1.4750, up 
$0.1000 from last Friday. Blocks closed at $1.6750, up $0.1225 from 
last Friday.

1230C israel.weber@ams.usda.gov (608) 422-8601  
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home