MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  January 19, 2017 (REPORT 3)                        

OCEANIA                                                          
INFORMATION GATHERED  01/09/2017 - 01/20/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:   

Cheddar prices in Oceania are higher at the bottom of the price range 
to steady at the top. Recent interest in current production coupled 
with lower milk production in the region compared with one year ago, 
have helped nudge lower range prices up. Australian 2016 exports of 
cheese through November decreased 2.4% from the same period of 2015, 
according to Eucolait. Main destinations and percent of the total 
were Japan, 47.8%; China, 12.5%; and Malaysia, 5.1%. At GDT Event 180 
on January 17, 2017, the all contracts cheddar price percentage 
change was +1.3% although the February contract change was -2.2%.

39% MAXIMUM MOISTURE:                    3,675 - 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