MD_DA128

     Cheese - Oceania

     Report 5 - Released on January 30, 2020

     Oceania cheddar prices are stronger. Current demand is competing for available cheese,
     helping to firm current pricing. Price strength is expected to continue into at least
     February by many dairy observers. Australian demand for New Zealand cheese is higher due to
     the disappointing Australian milk production results so far. Other export demand is also
     looking to New Zealand.
     Prices for: Oceania Cheese, Cheddar, 39% Maximum Moisture, Free on Board - Port,
     Price Range - $/MT:                                    4,000 - 4,175


     Information for the period January 20 - 31, 2020, issued biweekly

     Secondary Sourced Information:

     At GDT event 252 on January 21, the cheddar all contracts price, $4,048, increased 0.6
     percent. The February contract, $4,170, increased 3.9 percent.
     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