MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  June 11, 2015 (REPORT 23)                          

OCEANIA                                                          
INFORMATION GATHERED  06/01/2015 - 06/12/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  Cheddar prices held steady this reporting period.  
Cheese production has slowed following the seasonal decline in milk 
production.  Supplies for export are more readily available in New 
Zealand, while Australian supplies are primarily covering domestic 
demand.  The cheddar market has a steady to weak undertone as 
negotiations with Japan are continuing and likely to result in lower 
prices, due to increased competition from Europe.  Some cheese 
manufacturers in Oceania have expanded their production capacities for 
mozzarella and specialty cheeses as Asian consumer tastes are turning 
more to pizzas and other Western type menu offerings.  
                                                                 
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-
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