USDA Oceania Cheddar Cheese 09/25 09:30
09/25/2025 | 9:30 am CDT USDA Oceania Cheddar Cheese 09/25 09:30
AMS_1082 MARS Cheese - Oceania Released on September 25, 2025 Oceania cheddar cheese prices held steady at the low end of the price range and increased at the high end due to strengthening export prices. Cheese demand increased over the past month in both the domestic and export markets even as demand weakened for most other dairy commodities. Production is increasing as Oceania moves into its spring flush period. The volume of cheddar sold at GDT event 388 was slightly lower than at the prior event and compared to the same time last year. Prices increased across all contracts where product was available, including a 3.3 percent increase in the price index for the November contract and a 2.1 percent increase in the price index for the December contract. Between these two contracts, 66 percent of the available cheddar volume was sold. Though prices improved compared to the prior event, they are expected to decline as the milk production season progresses. The North Asia region was the largest buyer of cheddar at GDT event 388 and purchased a greater volume compared to event 387. Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese Price Range - Dollars per Metric Ton: 4700 - 4875 Information for the period September 15 - 26, 2025, issued biweekly Secondary Sourced Information: During GDT event 388 on September 16, 2025, the average price for cheddar across all contract periods was $4,814 per metric ton, corresponding to a 2.2 percent increase in the cheddar price index from the prior event. The average price for the October contract was $4,845 per metric ton, with the October price index up 1.6 percent. More information on cheddar prices at the most recent event can be found at https://www.globaldairytrade.info/en/product-results/cheddar/. Recently released export data from New Zealand showed August 2025 cheese export volumes were 18,589 MT, a decrease of 15.1 percent from the year prior. Export volumes of cheese from January - August 2025 were 282,710 MT, up 14.7 percent from the same time frame a year ago. [0600059B]