USDA Oceania Cheddar Cheese 07/03 09:30

AMS_1082 MARS

Cheese - Oceania

Released on July 03, 2025

The low end of the price range for Oceania cheddar cheese declined during the 
reporting period while the upper end of the range held firm. Domestic prices 
remain strong while export prices have declined. Current inventories are tight 
and production is limited due to the end of the season in Oceania. At GDT event 
383, no product was offered for August delivery, the first contract period at 
the event. Slightly more volume was available compared to GDT event 382, 
leading to a decline in prices across all contract periods for which product 
was sold.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4825 - 5100


Information for the period June 23 -  July 4, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 383, on July 1, 2025, the average price for cheddar across all 
contracts periods was $4,860 per metric ton, corresponding to a 2.8 percent 
decrease in the cheddar price index from the prior event. No loads were traded 
for the August contract. The average price for the September contract was 
$4,920 per metric ton, with the September price index down 1.8 percent. More 
information on cheddar cheese prices at the most recent GDT event can be found 
at https://www.globaldairytrade.info/en/product-results/cheddar/.  

Dairy Australia recently released export data for Australia showing cheddar 
cheese export volumes from July 2024 - April 2025 were 26,260 MT, up 31.7 
percent from the same time period a year earlier. Other cheese export volumes 
from July 2024 - April 2025 were 114,881 MT, 15.4 percent higher compared to 
the same time frame a year prior.

Recently released export data from New Zealand showed May 2025 cheese export 
volumes were 40,973 MT, an increase of 14.0 percent from the year prior. Export 
volumes of cheese from January - May 2025 were 195,983 MT, up 27.8 percent from 
the same time frame a year ago.

[0600059B]