MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  January 08, 2015 (REPORT 1)                        

OCEANIA                                                          
INFORMATION GATHERED  12/22/2014 - 01/09/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  The cheddar market has been steady in light trading.  
Production is holding steady compared to recent weeks.  Current supplies 
are filling contract commitments.  A majority of supplies for some 
cheddar manufacturers are committed through Q1.  There is increased 
competition coming from Europe and the U.S.  Demand for cheddar in Asia 
is active.  According to Dairy Australia, July-October cheddar exports 
were down 7.1% compared to year ago levels.

39% MAXIMUM MOISTURE:                    3,400 - 4,000           

0930C rick.whipp@ams.usda.gov 608.278.4151
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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