MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  January 05, 2017 (REPORT 1)                        

OCEANIA                                                          
INFORMATION GATHERED  12/26/2016 - 01/06/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE: 

Cheddar prices in Oceania are slightly higher at each end of the 
price range this week. Buying interest was slower during this holiday 
period. There were few buyers, but those in the market tended to want 
to complete transactions. Volumes of cheese exports from New Zealand 
January-October 2016 increased 9.6% from the same period in 2015 
according to Eucolait. The main destinations and percentage of total 
were: Japan, 17.3%; Australia, 17.2%; and China, 14.5%. At GDT Event 
179 on January 3, 2017, the all contracts cheddar price percentage 
change was +1.4%.
                                                                 
39% MAXIMUM MOISTURE:                    3,600 - 3,875           


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