MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  September 15, 2016 (REPORT 37)                        

OCEANIA                                                          
INFORMATION GATHERED  09/05/2016 - 09/16/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:     

Cheddar prices increased at each end of the price range. Reduced 
early season milk availability for making cheddar left lower 
cheese production while exports increased. Cheese production in 
Australia during July was down 9.5% from July 2015, the first 
month of the new production season, according to Dairy 
Australia. Australia cheese exports January-July 2016 increased 
1.7% from the same period of 2015 according to Eucolait. The top 
three export destinations and percentage of total exports are: 
Japan, 48.9%; China, 12.9%; and Malaysia, 5.1%. GDT event 171 on 
September 6 yielded cheese prices for the October 2016 contract 
up 13.3% and for all contracts up 9.0%.

39% MAXIMUM MOISTURE:                    3,400 - 3,625           

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