USDA Oceania Cheddar Cheese 11/06 11:30

AMS_1082 MARS

Cheese - Oceania

Released on November 06, 2025

Oceania cheddar cheese prices fell across the price range during the reporting 
period, with the bottom of the range experiencing a steeper decline. Despite 
maintaining strength in recent weeks, even as other commodities weakened, 
cheddar cheese export prices finally declined substantially on weaker demand. 
Cheese production is strong amid peak spring flush conditions. Domestic prices 
remained steady during the reporting period.

Cheddar cheese experienced the largest price decline at GDT event 391, with the 
overall price index falling by 6.6 percent. Prices declined across all 
contracts for which product was available. The majority of cheese sold at event 
391 was for delivery in the January and February contract periods, which saw 
prices fall by 6.9 and 6.2 percent, respectively. The quantity of cheese sold 
declined from event 390 as demand dried up.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4425 - 4750


Information for the period October 27 -  November 7, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 391 on November 4, 2025, the average price for cheddar across 
all contract periods was $4,449 per metric ton, corresponding to a 6.6 percent 
decrease in the cheddar price index from the prior event. The average price for 
the December contract was $4,475 per metric ton, with the December price index 
down 7.1 percent. More information on cheddar prices at the most recent event 
can be found at https://www.globaldairytrade.info/en/product-results/cheddar/.

[0600059B]