MD_DA128 DA MD DA128 Cheddar Cheese - Oceania MADISON, WI. July 07, 2016 (REPORT 27) OCEANIA INFORMATION GATHERED 06/27/2016 - 07/08/2016 U.S. DOLLARS PER METRIC TON, FOB PORT CHEDDAR CHEESE: Cheddar cheese pricing is unchanged. At GDT Event 167 on June 15, cheddar prices registered no activity for the August contract and -0.5% for all contracts. The only contract activity was for October,+0.9%, and November, -1.4%. Cheese production in Australia January-April 2016 is 0.4% above the same period of last year according to Dairy Australia. April 2016 production is 10.3% above April last year. The variety with the highest volume of production, cheddar, for January-April this year was 3.2% below the same period last year. April production was 21.0% above April last year. 39% MAXIMUM MOISTURE: 2,800 - 2,900 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