MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  November 12, 2015 (REPORT 45)                      

OCEANIA                                                          
INFORMATION GATHERED  11/02/2015 - 11/13/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:          

Oceania cheddar cheese prices are unchanged to lower. There continues to 
be competition on the world market for the cheese customers. Buyer 
interest is widely uneven, with offerings of similar varieties from the 
E.U. being shown. Manufacturers are also working on new sales agreements 
with Asian customers. Oceania cheese production is mostly steady with 
some reductions as the milk supplies dip off the seasonal peak. Whey 
prices are low and not incentivizing or helping the overall cheese 
returns.                                          
                                                                 
39% MAXIMUM MOISTURE:                    3,000 - 3,300           

0930C Butch.Speth@ams.usda.gov 608.557.7001
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home