MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  May 14, 2015 (REPORT 19)                           

OCEANIA                                                          
INFORMATION GATHERED  05/04/2015 - 05/15/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE: Cheese prices held steady this reporting period.  Cheese 
production is trending lower, following the seasonal decline in milk 
production.  Good domestic demand in Australia is restricting available 
volumes for export.  Current export demand is holding fairly steady.  The 
market has a weak undertone, due to increasing available supplies and 
competition from Europe and the United States.  Total cheese exports for 
January to March, released by GTIS, saw New Zealand's year to date 
exports increase 22.5%, compared to the same period last year. The top 3 
destinations for New Zealand cheese exports were Australia, Japan and 
China.  
                                                                 
39% MAXIMUM MOISTURE:                    3,300 - 3,700           
                                                       
0930C rick.whipp@ams.usda.gov 608.557.7004
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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