USDA Oceania Cheddar Cheese 06/04 10:30

AMS_1082 MARS

Cheese - Oceania

Released on June 04, 2026

Cheddar cheese prices were steady at the bottom of the price range and 
increased at the top. Processor prices were down from both last month and last 
year. A major New Zealand dairy cooperative reported that its projected total 
cheese offering for the next 12 months increased by 920 metric tons (MT) to 
15,760 MT. 

Cheddar prices at Global Dairy Trade (GDT) Event 405 were mixed across all 
offered contract periods. The September contract increased the most, up 5.0 
percent. No product was offered for December. Total volume sold was higher than 
Event 404, but slightly below year-ago levels. September and October together 
accounted for 63 percent of all cheddar sales. Southeast Asia/Oceania was the 
top buyer, followed by Africa and North Asia.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4525 - 4775


Information for the period May 25 -  June 5, 2026, issued biweekly

Secondary Sourced Information:

Recently released export data from New Zealand showed April 2026 cheese export 
volumes were 38,080 MT, a decrease of 0.6 percent from the year prior. Export 
volumes of cheese from January-April 2026 were 148,903 MT, down 3.9 percent 
from a year earlier.

At GDT Event 405 on June 2, 2026, the average cheddar price index across all 
contract periods increased to $4,621/MT, a 1.8 percent increase from the 
previous event. The July contract averaged $4,625/MT, up 1.9 percent. 
Additional cheddar pricing details are available at 
https://www.globaldairytrade.info/en/product-results/cheddar/.

[0600059B]