MD_DA810

     Cheese - Northeastern U.S.

     Report 49 - Released on December 02, 2020

     Cheese markets are bearing a weaker undertone. On the CME Group, cheddar block and barrel
     prices continue to decrease. Northeastern cheese makers are receiving stable milk volumes
     for strong production schedules. Inventory levels are growing in the region. Market
     participants are watching to see where spot prices lead. The foodservice sector continues to
     struggle through capacity restrictions and shutdowns. Restaurants remain hopeful with new
     delivery/take out options. Retail orders are fairly steady. Some seasonal customers are in
     high demand for various aged specialty cheeses.

     In the Northeast, the wholesale cheese prices for both cheddar and Muenster decreased
     $0.0400. However, the process cheese price is up $0.0025. The Grade A Swiss price is
     unchanged.

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

     Cheddar 40 pound Block              2.1250-2.4125
     Muenster                            2.1125-2.4625
     Process American 5 pound Sliced     1.5075-1.9875
     Swiss 10-14 pound Cuts              3.6675-3.9900


     Information for the period November 30 -  December 4, 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