MD_DA128 Cheese - Oceania Report 25 - Released on June 18, 2020 Oceania cheddar prices are lower. Most current low season cheese production is needed to fill existing contracts. When extra cheese is produced from plant to plant, it is often the exception, rather than the rule. That inhibits robust marketing, even if regular customers were anxious to take on more cheese than contracted. Often this cheese is moved along with a price break to existing customers just to clear it before the new season. Prices for: Oceania Cheese, Cheddar, 39% Maximum Moisture, Free on Board - Port, Price Range - $/MT: 3,525 - 4,050 Information for the period June 8 - 19, 2020, issued biweekly Secondary Sourced Information: At GDT event 262 on June 16, the cheddar all contracts price, $3,631, increased 1.4 percent. The July contract, $4,009, decreased 7.5 percent. Australian exports of cheddar July 2019 – April 2020, 30,828 MT, compared with July 2018 – April 2019, decreased 25.0 percent according to Dairy Australia. Australian exports of other cheese July 2019 – April 2020, 98,144 MT, compared with July 2018 – April 2019, increased 2.9 percent according to Dairy Australia. January – April 2020 exports of cheese, 50,000 MT, decreased 2.5 percent YOY according to CLAL data made available to USDA. Published by: Dairy Market News - Madison, WI Eric Graf, 608.422.8590 Email: Eric.Graf@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