MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  May 28, 2015 (REPORT 21)                           

OCEANIA                                                          
INFORMATION GATHERED  05/18/2015 - 05/29/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  Prices moved marginally lower on the upper end of the 
range.  Negotiations are ongoing with Japan for the second half of 2015 
with plenty of competition coming from the EU.  The market has a weak 
undertone and market analysts are anticipating further marginal price 
declines will result from the current negotiations.  Domestic prices in 
Australia are declining as cheaper imports are coming into the country 
primarily via New Zealand.  
                                               
39% MAXIMUM MOISTURE:                    3,300 - 3,600           

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-
home