MD_DA128 Cheese - Oceania Report 33 - Released on August 18, 2022 Oceania cheddar cheese prices are higher to lower this period, as prices rose at the GDT event 14. Market representatives were surprised by increases in the cheese price. Demand for cheese is moderate with supplies moving through contracts. Many buyers are taking their time and hoping that will keep downward pressure on pricing for awhile. Oceania cheese manufacturers are moving closer to being able to maintain increased cheese production. Prices for: Oceania Cheese, Cheddar, 39% Maximum Moisture, Free on Board - Port, Price Range - $/MT: 4,925 - 5,200 Information for the period August 8 - 19, 2022, issued biweekly Secondary Sourced Information: GLOBAL DAIRY TRADE At GDT event 314 on August 16, 2022, the cheddar all contracts price, $5,005 increased 4.2 percent. The September contract, $5,101, increased 3.0 percent. 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