MD_DA128 DA MD DA128 Cheddar Cheese - Oceania MADISON, WI. January 22, 2015 (REPORT 3) OCEANIA INFORMATION GATHERED 01/12/2015 - 01/23/2015 U.S. DOLLARS PER METRIC TON, FOB PORT CHEDDAR CHEESE: Cheddar prices were unchanged. Milk flows going to cheese production have been augmented with some milk diversions from WMP production, resulting in some marginal increases in production. Domestic demand is good and exports are performing well, but are encountering increased competition from the U.S. The market undertone is steady to weak. According to GTIS, November cheese imports into China increased, compared to the previous month. New Zealand and Australia were the top 2 exporters of cheese into China. January to November cheese imports into China are 43% above 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- home