USDA Oceania Cheddar Cheese 08/14 09:30

AMS_1082 MARS

Cheese - Oceania

Released on August 14, 2025

Oceania cheddar cheese prices narrowed during the reporting period, with a 
slight increase at the bottom of the price range and a slight decrease at the 
top of the price range. With the 2025/2026 season beginning in Oceania, 
production remains light. Domestic demand and export demand both weakened 
slightly during the reporting period. Cheddar cheese from the United States 
remains competitively priced with Oceania cheddar cheese, creating robust 
demand for U.S. products in the global market. Uncertainty surrounding global 
trade relations remains a source of volatility in the market.

At Global Dairy Trade (GDT) event 385, price indices were mixed across contract 
periods, increasing slightly for near-term contracts and decreasing for 
long-term contracts. The price indices for the October and November contracts 
increased by 1.8 percent and 0.2 percent, respectively, while the price indices 
for the December and January 2026 contracts decreased by 3.9 percent and 3.4 
percent, respectively. The change in the September price index was not 
reported, and no product was traded for the February 2026 contract. The total 
volume of cheddar cheese sold at event 385 was comparable to both the volume 
sold at event 384 and the volume sold at event 361, held one year ago. The top 
three purchasers of cheddar cheese at event 385 were North Asia, Africa, and 
South/Central America, with North Asia purchasing more cheese than at event 384.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4550 - 4850


Information for the period August 4 - 15, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 385 on August 5, 2025, the average price for cheddar cheese 
across all contract periods was $4,575 per metric ton, corresponding to a 0.6 
percent decrease in the cheddar price index from the prior event. The average 
price for the September contract was $4,707 per metric ton.

Dairy Australia recently released export data for Australia showing cheddar 
cheese export volumes from July 2024 to June 2025 were 30,639 metric tons, up 
26.4 percent from the same time period a year earlier. Other cheese export 
volumes from July 2024 to June 2025 were 138,091 metric tons, up 9.4 percent 
from the same time period a year earlier.

[0600059B]