MD_DA830

     Cheese - Midwestern U.S.

     Report 14 - Released on April 01, 2020

     Every day is a new day for Midwestern cheese producers. Undoubtedly, all cheese contacts are
     hopeful for a quick turnaround to the entire COVID-19 situation. Orders have slowed down.
     Unlike in recent weeks, some retail accounts have slowed alongside already ailing food
     service orders. Milk is plentiful in the region. So far in the week, only discounted milk
     prices have been reported, and cheesemakers say milk handlers are calling regularly.
     Plentiful milk is equating to a growing cheese supply regionally. Cheese markets are
     resolutely bearish. Precipitous drops on the CME daily cash prices have cheese plant
     managers in limbo when it comes to taking on extra milk and scheduling production.
     Midwestern wholesale prices are unchanged for Swiss cuts, down $.0375 for process and down
     $.1100 for all other types.

     NATIONAL RETAIL REPORT DAIRY – CHEESE SUMMARY
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     03/27/2020 to 04/02/2020
     Cheese 8 oz. Blocks               Weighted Average Price
     National                 This Period     Last Week      Last Year
     Conventional                $2.20         $2.44          $2.09
     Organic                      n.a.         $5.99           n.a.

     Regional (Conventional)   Wtd. Ave.         Low            High
     Midwest                     $2.21          $1.88          $2.99


     Cheese 8 oz. Shred                 Weighted Average Price
     National                 This Period      Last Week      Last Year
     Conventional                $2.28          $2.43          $2.14
     Organic                      n.a.          $3.50           n.a.

     Regional (Conventional)    Wtd. Ave.        Low            High
     Midwest                     $2.22          $1.88          $2.50
     South Central               $2.22          $1.49          $2.50

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

     Blue 5 pounds                       2.3925-3.4625
     Brick 5 pounds                      2.1250-2.5500
     Cheddar 40 pound Block              1.8475-2.2475
     Monterey Jack 10 pounds             2.1000-2.3050
     Mozzarella 5-6 pounds               1.9250-2.8700
     Muenster 5 pounds                   2.1250-2.5500
     Process American 5 pound Loaf       1.5000-1.8600
     Swiss 6-9 pound Cuts                3.1250-3.2425


     Information for the period March 30 -  April 3, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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