USDA Oceania Cheddar Cheese 09/10 09:55

AMS_1082 MARS

Cheese - Oceania

Released on September 10, 2026

Cheddar cheese prices declined this reporting period, with losses occurring at 
both ends of the range and a particularly sharp decrease at the lower end. 
Processor prices also trended downward from last month and now sit 16 percent 
below year-ago levels, as cheese markets continue to face heavy supply pressure.

At Global Dairy Trade (GDT) Event 411, cheddar recorded the steepest reductions 
of all major products. Prices fell across every offered contract period, 
ranging from decreases of 2.4 percent to more than 12 percent. The average 
cheddar sale price fell to its lowest level in five years at this event. This 
drop reflects expanding global cheese availability, reinforced by rising export 
volumes from New Zealand, the United States, the European Union, Argentina, and 
Australia. No cheddar was offered for the March contract at this event. Total 
volume sold was similar to Event 410 and a year ago. November and December 
accounted for 64 percent of all cheddar sales. North Asia led purchasing, 
followed by Southeast Asia/Oceania and Africa.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 3175 - 4000


Information for the period August 31 -  September 11, 2026, issued biweekly

Secondary Sourced Information:

At GDT Event 411, the average cheddar price index across all contract periods 
decreased to $3,503/metric ton (MT), down 6.6 percent from the previous event. 
The October contract averaged $3,185/MT, down 12.4 percent. Additional cheddar 
pricing details are available at 
https://www.globaldairytrade.info/en/product-results/cheddar/.

[0600059B]