MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  October 27, 2016 (REPORT 43)                       

OCEANIA                                                          
INFORMATION GATHERED  10/17/2016 - 10/28/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  

Cheddar prices in Oceania weakened at each end of the price range. 
This decline pulled prices back from 2016 highs. It is believed that 
recent substantial export activity having slowed, markets are 
reacting to the relatively quick slowing of export volumes. GDT event 
174 on October 18 yielded cheddar prices for the November 2016 
contract down 13.9% and for all contracts down 3.7%.
                                              
                                                                 
39% MAXIMUM MOISTURE:                    3,475 - 3,750           

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