MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  March 31, 2016 (REPORT 13)                         

OCEANIA                                                          
INFORMATION GATHERED  03/21/2016 - 04/01/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:   

Cheddar cheese prices are unchanged. The current pricing range is 
$900-$1,100 MT below the price range one year ago, $3,300-$3,800 MT.  
According to CLAL, the volume of the top cheese importer during 
January 2016, Japan, was 19,875 MT, up 11% from January 2015. New 
Zealand ranked second in global cheese exports during January 2016, 
exporting 36,855 MT, up 21% from January 2015. Australia ranked 
fourth during January 2016, exporting 11,968 MT, up 8%. Dairy 
Australia reports that January 2016 cheese production in Australia 
was 0.3% higher than January a year earlier. Noticeably higher 
January 2016 cheese exports are welcome. The increase is enough over 
the production increase to be favorably received. Production volumes 
and inventory levels are such that manufacturers are comfortable with 
exports at current volumes.                                                                                                     
                                                                 
39% MAXIMUM MOISTURE:                    2,400 - 2,700     



0930c Eric.Graf@ams.usda.gov 608.557.7005
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