MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  August 03, 2017 (REPORT 31)                        

OCEANIA                                                          
INFORMATION GATHERED  07/24/2017 - 08/04/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:   

	Cheddar cheese prices in Oceania very slightly declined. However, 
prices remain higher than most of 2017 and all of 2016.   
       This year, January-June, New Zealand cheese exports, 177,587 MT, 
decreased 5.3 percent from the same period one year earlier, 
according to Eucolait. January-June, the range of percentage changes 
year to date in cumulative export volumes varies from -5.3 percent in 
June, to -18.9 percent in February.
       Export volumes and primary destinations are shown in the 
following table:

  		 New Zealand Cheese Exports
		 Main Three Destinations 
		 January-June 2017 
 
Destination     Quantity(MT)   Percent of Total  
Australia         35,377          19.4 
China             32,432          17.6 
South Korea       30,129          16.3

       The Dairy Market News international monthly average price in 
dollars/metric ton for Oceania cheese prices in July, 2017, $4,027, 
compares with $2,865one year earlier. 
       At GDT Event 193 on August 1, the cheddar all contracts price 
decreased 4.8 percent.                              
                                                                 
39% MAXIMUM MOISTURE:                    3,975 - 4,025           


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