USDA Oceania Cheddar Cheese 06/20 09:30

AMS_1082 MARS

Cheese - Oceania

Released on June 20, 2025

During the current reporting period, Oceania cheddar cheese prices increased at 
both the low end and the high end of the price range. Domestic prices remained 
slightly above export prices, indicating a slight strengthening of domestic 
demand. Milk production is at its low point seasonally, providing support for 
steady prices as inventories remain tight. Export demand is strong, especially 
for contracts with delivery dates in the last quarter of 2025.

At Global Dairy Trade (GDT) event 382, the cheddar price index decreased by 3.0 
percent for the July contract but increased for all remaining contracts for 
which loads were traded. Relative to the previous event, the cheddar price 
indices at GDT event 382 increased by 0.1 percent for the August contract, 5.3 
percent for the September contract, 8.9 percent for the October contract, and 
6.8 percent for the November contract. No loads were traded for the December 
contract. The total volume of cheddar cheese sold at GDT event 382 was similar 
to the volume sold at event 381 and slightly above the volume sold at event 
358, held a year ago.

Buyers in the Middle East bought almost half of the cheddar cheese sold at GDT 
event 382. This may signal stockpiling efforts in the region in response to 
recent geopolitical tensions.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4975 - 5100


Information for the period June 9 - 20, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 382 on June 17, 2025, the average price for cheddar cheese 
across all contracts was $4,992 per metric ton, corresponding to a 5.1 percent 
increase in the cheddar cheese price index from the prior event. The average 
price for the July contract was $5,023 per metric ton, with the July price 
index down 3.0 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/.

[0600059B]