Cheese - West USDA - Wed Apr 14, 8:25PM UTC MD_DA840
Cheese - Western U.S.
Report 15 - Released on April 14, 2021
Western food service cheese demand has continued to grow, while retail cheese demand held
steady. Some contacts report improvements at ports with getting vessel space and shipping
containers, making it possible to move exports more readily. The recent announcement of the
cancellation of the USDA Farmers to Families Food Box program is causing manufacturers to
closely monitor cheese markets, watching cheese futures for any signal of price direction
and subsequent demand. With the uncertainty of what government purchases may look like, the
market tone within cheese markets is more unsettled than what it had been a few weeks ago.
Cheese producers are running at or near capacity. Cheese barrel stocks have tightened and
supplies for cheese blocks are more readily available, causing the block/barrel price spread
to narrow.
WESTERN WHOLESALE PRICE ADJUSTMENTS
In the West, wholesale prices are up $.0950 for process, and up $.0475 for cheddar block,
cuts and Monterey Jack. Swiss cut wholesale prices are unchanged from the previous week.
WHOLESALE SELLING PRICES: DELIVERED
DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))
Cheddar 10 pound Cuts 2.1300-2.3300
Cheddar 40 pound Block 1.8825-2.3725
Monterey Jack 10 pounds 2.1175-2.3925
Process American 5 pound Loaf 1.6850-1.9400
Swiss 6-9 pound Cuts 3.0600-3.4900
Information for the period April 12 - 16, 2021, issued weekly
Secondary Sourced Information:
CME CLOSE
In CME Group trading Wednesday, barrels closed at $1.6800, compared to the weekly average
price of $1.5835 from last week. Blocks closed at $1.7600, compared to the weekly average
price of $1.7995 from last week.
EXPORT ASSISTANCE
This week, a cooperative export assistance program accepted requests for export assistance
on contracts to sell 456,357 pounds (207 metric tons) of Cheddar and Monterey Jack cheese
and 0 pounds (0 metric tons) of cream cheese. So far this year, the program has assisted
member cooperatives who have contracts to sell 12.322 million pounds of American-type
cheeses and 4.4 million pounds of cream cheese in export markets.
When combined with butter, cream cheese and whole milk powder, the program has assisted
members with sales of 545.3 million pounds of milk on a milkfat basis.
2021 U.S. CHEESE AND CURD EXPORTS (USDA-FAS)
2020 Exports % Change From
(Million Lb.) 1 Year Ago
TOTAL, FEB 66.5 - 2
TOTAL, JAN-FEB 122.2 - 6
Exports � Destination Country
1 Mexico 28.5 - 29
2 South Korea 23.9 + 19
3 Japan 11.5 + 22
4 Australia 7.9 - 13
5 Chile 4.4 - 3
2021 U.S. CHEESE AND CURD IMPORTS (USDA-FAS)
(Imports for Consumption)
2020 Imports % Change From
February Imports (Million Lb.) 1 Year Ago
TOTAL Cheese and Curd (H.S. Code 0406) 24.7 - 28
Cheese, Except Fresh (H.S. Code 040690) 20.7 - 33
Fresh Cheese (H.S. Code 040610) 2.3 + 60
Cheese, Processed (H.S. Code 040630) 1.2 - 16
Cheese, Blue-Veined (H.S. Code 040640) 0.4 - 40
2020 Imports % Change From
(Million Lb.) 1 Year Ago
TOTAL, JAN-FEB 54.2 - 14
Imports - Country of Origin
1 Italy 11.6 - 34
2 France 5.2 - 20
3 Lithuania 3.4 +182
4 Switzerland 3.3 + 1
5 Nicaragua 3.1 - 11
Published by:
Dairy Market News - Madison, WI
ROMAN CARAMAN, (608) 422-8593
Email: roman.caraman@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
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