MD_DA128 DA MD DA128 Cheddar Cheese - Oceania MADISON, WI. March 05, 2015 (REPORT 9) OCEANIA INFORMATION GATHERED 02/23/2015 - 03/06/2015 U.S. DOLLARS PER METRIC TON, FOB PORT CHEDDAR CHEESE: Cheddar prices were steady to lower as the price at the upper end of the range decreased. Export demand remains fairly good with active interest coming from Southeast Asia and China. Australia's available supplies for export have increased as domestic sales have slowed in the face of recent price increases. Some export buyers are considering the U.S. market to source additional supplies. According to GTIS, January cheese imports into China were 15% lower, compared to last year. New Zealand accounted for over 65% of the import volume going into China, while Australian and U.S. exporters made up the rest of the total. 39% MAXIMUM MOISTURE: 3,400 - 3,850 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