MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  April 28, 2016 (REPORT 17)                         

OCEANIA                                                          
INFORMATION GATHERED  04/18/2016 - 04/29/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:    

Cheddar Cheese prices in Oceania are mixed, with weakening of upper 
range pricing. This follows GDT Event 162 on April 19, where all 
contract periods weakened, with an all contract decrease of 3.9%. 
Export activity varies between Australia and New Zealand. Ecolait 
reports that 2016 New Zealand cheddar exports through February 
compared with January-February 2015 increased 29.6%. In Australia 
cheddar exports increased 12.7%. During the first two months of 2016, 
the main destinations for New Zealand cheddar exports and percentage 
of total cheddar exports for the period were: Japan 19.1%; Australia 
15.3%; and China 10.6%. For Australia, cheddar exports and percentage 
of total cheddar exports for the period were: Japan 49.7%; China 
11.0%; and Malaysia 5.4%.


                                              
                                                                 
39% MAXIMUM MOISTURE:                    2,450 - 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