MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  September 1, 2016 (REPORT 35)                        

OCEANIA                                                          
INFORMATION GATHERED  08/22/2016 - 09/02/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:     

Cheddar prices increased slightly at the top of the price range. 
Supplies are tightening for some manufacturers. The tighter 
cheddar supplies are related to higher prices and returns 
currently available for Mozzarella manufactured in Oceania, with 
some sales near $4,000 per metric ton. This has led to a shift 
in manufacturing preference toward Mozzarella from cheddar. New 
Zealand cheese exports January-July 2016 increased 10.7% from 
the same period of 2015 according to Eucolait. The top three 
export destinations and percentage of total exports are: Japan, 
18.0%; Australia, 17.3%; and China, 12.7%.
                                             
                                                                 
39% MAXIMUM MOISTURE:                    3,200 - 3,500           

0930c Eric.Graf@ams.usda.gov 
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