Mozzarella Production Lower in February

US - Total cheese production in February 2012 reached 857.8 million pounds, up 2.6 per cent (adjusted for Leap Day) vs. last year but just 0.7 per cent greater than January 2012 on a daily average basis, writes Mary Ledman, Sara Dorland, Sarina Sharp and Karen Endres.
calendar icon 10 April 2012
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American cheese production increased just 0.2 per cent in February while mozzarella production was actually down 0.8 per cent on a daily average basis vs. January 2012. A seasonal a similar trend 2011.

It is interesting to note that three key cheese-producing states: Idaho, New Mexico and New York posted decreases in total cheese production in February 2012 vs. January 2012 on a daily average basis.

Idaho reported the largest daily average decrease of 6.0 per cent followed by New Mexico with a 2.6 per cent decline and New York with just a 0.2 per cent drop (see chart above). Lower cheese production in Idaho and New Mexico helps explain why production of lactose and whey protein concentrate 50 per cent to 89.9 per cent was down 0.7 per cent and 1.8 per cent, respectively in February on a daily average basis as some of the largest manufactures of those products are located in Idaho and New Mexico.

CME cash dairy products markets were quiet today. CME Cheddar block and barrel cheese markets settled unchanged at $1.4875/lb. and $1.4600/lb., respectively with no bids, offers or trades. The spot butter market closed unchanged at $1.4300/ lb. after no trades. A single bid was left on the board.

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