MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  May 12, 2016 (REPORT 19)                           

OCEANIA                                                          
INFORMATION GATHERED  05/02/2016 - 05/13/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:   

Cheddar cheese prices weakened this week at the top of the price 
range. This follows lower near term contract prices last week for GDT 
Event 163. Australian cheese production during January 2016, was up 
0.3% from the prior month, according to Dairy Australia. For the 
2015/16 season through January, cheese production was down 0.3% 
compared with the prior comparable period of 2014/15. Cheese exports 
from Australia January-February 2016 compared to 2015, increased 12%, 
according to GTA. New Zealand exports increased 30%.
                                                              
39% MAXIMUM MOISTURE:                    2,450 - 2,675           


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