MD_DA128 Cheese - Oceania Report 35 - Released on September 01, 2022 Oceania cheddar cheese prices edged slightly higher at the top of the range, but steady at the bottom. Oceania cheese production is limited around seasonal milk output. Demand is fairly light at existing price points. New Zealand cheese exports volumes show a decline, while Australia has produced record cheese exports in recent months. Expectations are that New Zealand cheese output will adjust with improvements in milk production as the new milk season progresses. Available supplies are moving through contracts. Market undertones are mostly steady. Prices for: Oceania Cheese, Cheddar, 39% Maximum Moisture, Free on Board - Port, Price Range - $/MT: 4,925 - 5,250 Information for the period August 22 - September 2, 2022, issued biweekly Published by: Dairy Market News - Madison, WI DANIEL JOHNSON, 608-422-8605 Email: daniel.johnson4@usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: https://www.ams.usda.gov/market-news/dairy DMN MARS (My Market News): https://mymarketnews.ams.usda.gov