MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  August 31, 2017 (REPORT 35)                        

OCEANIA                                                          
INFORMATION GATHERED  08/21/2017 - 09/01/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE: 

	Cheddar prices in Oceania are steady. Stronger pricing in Europe 
is leading to some consideration of whether that may nudge Oceania 
pricing higher. At this time, Oceania stocks, production and sales 
seem in general balance. 
       New Zealand cheese exports January-July, 214,000 MT, increased 
1.7 percent from the same period last year, according to CLAL.
       China has increased cheese imports from Oceania this year. 
January-July China cheese imports, 67,364 MT, increased 20.8 percent 
from the same period one year earlier, according to Eucolait. 
January-July, the range of monthly percentage changes year to date in 
cumulative export volumes varies from -1.2 percent in January, to 
+28.7 percent in June. 
     Import volumes and primary origins are shown in the following 
table:
 
                        China Cheese Imports
                        Main Three Origins 
                        January-July 2017 
 
Origin                  Quantity (MT)   Percent of Total  
New Zealand             36,022           53.5 
Australia               13,246           19.7 
U.S.A.                   7,222           10.7
 
       There are no GDT event results this week as this is one of the 
occasional periods with three weeks between events. The next event 
will be September 5.

39% MAXIMUM MOISTURE:                    4,000 - 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