USDA Oceania Cheddar Cheese 05/07 10:15

AMS_1082 MARS

Cheese - Oceania

Released on May 07, 2026

Cheddar cheese prices decreased at the lower end of the price range, while the 
upper end was steady this reporting period. Processor prices edged slightly 
higher than the previous month but remain lower than the same period last year. 
Cheese exports are down 14 percent from a year ago. Increased shipments to 
Central America and Europe were more than offset by reduced volumes sent to 
China.

Cheddar prices declined across all offered contract periods at Global Dairy 
Trade (GDT) Event 403. July saw the sharpest drop at 5.9 percent, while price 
indices for June, August, and October fell between 0.7 and 4.3 percent. No 
product was offered for September or November delivery. Total volume sold was 
higher than at Event 402 and similar to year ago levels. June and July together 
accounted for 56 percent of all cheddar sales. Southeast Asia/Oceania was the 
leading buyer, followed by North Asia and Africa.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4550 - 4900


Information for the period April 27 -  May 8, 2026, issued biweekly

Secondary Sourced Information:

At GDT Event 403 on May 5, 2026, the average cheddar price index across all 
contract periods decreased to $4,611 per metric ton (MT), a 3.6 percent decline 
from the previous event. The June contract averaged $4,655/MT, with its index 
dropping 2.1 percent. Additional cheddar pricing details are available at 
https://www.globaldairytrade.info/en/product-results/cheddar/.

[0600059B]