MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  February 02, 2017 (REPORT 5)                       

OCEANIA                                                          
INFORMATION GATHERED  01/23/2017 - 02/03/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:                                                  
                                                                 
       
Cheddar cheese prices in Oceania are steady. This week and last week 
have been quiet trading periods, with markets in balance. Cheese 
manufacturers in New Zealand point out that even with lower milk 
production in New Zealand, cheese exports swam against the tide and 
have been stronger, perhaps reflecting the profitability of making 
cheese. New Zealand cheese exports January-November 2016 were up 
13.5% according to Eucolait. The main export destinations and percent 
of total cheese exports were: were Japan 17.2%; Australia 17.2%; and 
China, 14.3%. New Zealand and Australia are among the main cheese 
exporting countries according to Global Trade Atlas. The main cheese 
importing countries during January-November 2016 compared with the 
same months of 2015, show the following percentage changes: China, 
+31%; Russia, +10%; Algeria, +9%; Mexico, +2%; Japan, +3%; and United 
States, +3%.

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