MD_DA128 DA MD DA128 Cheddar Cheese - Oceania MADISON, WI. March 19, 2015 (REPORT 11) OCEANIA INFORMATION GATHERED 03/09/2015 - 03/20/2015 U.S. DOLLARS PER METRIC TON, FOB PORT CHEDDAR CHEESE: The cheddar market moved marginally lower in response to increased global competition, especially from Europe. Supplies are readily available for export; however some Australian manufacturers are focusing on their domestic markets. Buyers in the current market are in a position to shop for the best deals. Demand remains fairly active with Japan, Korea and China looking to add to existing orders. Cheddar production is tapering off as milk production seasonally declines. 39% MAXIMUM MOISTURE: 3,300 - 3,800 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