MD_DA128 DA MD DA128 Cheddar Cheese - Oceania MADISON, WI. July 23, 2015 (REPORT 29) OCEANIA INFORMATION GATHERED 07/13/2015 - 07/24/2015 U.S. DOLLARS PER METRIC TON, FOB PORT CHEDDAR CHEESE: Cheese prices moved lower this reporting period at the upper end of the price range. Cheese is viewed as providing the best return to manufacturers, which is expected to draw more milk into cheese manufacturing in the new production year, away from powders, especially WMP. Year to date cheese exports through May were mixed in Oceania with Australian exports below year ago levels, while New Zealand saw an increase in cheese exports compared to last year. Current demand is steady. 39% MAXIMUM MOISTURE: 3,000 - 3,400 0930C eric.graf@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