USDA Oceania Cheddar Cheese 10/09 09:30

AMS_1082 MARS

Cheese - Oceania

Released on October 09, 2025

The price range for Oceania cheddar cheese widened during the reporting period, 
decreasing at the bottom of the range and increasing at the top of the range. 
Production remains strong as milkfat remains readily available. Domestic demand 
weakened slightly during the reporting period while export demand strengthened.

At Global Dairy Trade (GDT) event 389, cheddar price indices increased or 
stayed flat across all contracts for which product was available. The price 
index for the November contract increased by 1.3 percent, the index for the 
December contract showed no change, and the index for the January contract 
increased by 0.2 percent. Growth was stronger for contracts with longer-term 
delivery windows, with the indices for the February and March contracts up 2.1 
percent and 2.9 percent, respectively. No product was offered for the April 
contract. The volume of cheese sold at event 389 was in line with the volume 
sold at the prior event and at event 365, held one year ago. The top three 
purchasing regions at event 389 were North Asia, the Middle East, and Southeast 
Asia/Oceania, with North Asian buyers increasing their purchases relative to 
the prior event.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4625 - 4975


Information for the period September 29 -  October 10, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 389 on October 7, 2025, the average price for cheddar across 
all contracts was $4,858 per metric ton, corresponding to a 0.8 percent 
increase in the cheddar price index from the prior event. The average price for 
the November contract was $4,953 per metric ton, with the November price index 
up 1.3 percent. More information on cheddar prices at the most recent event can 
be found at https://www.globaldairytrade.info/en/product-results/cheddar/. 

Dairy Australia recently released export data for Australia showing cheddar 
cheese export volumes in July and August 2025 totaled 4,286 metric tons, a 
decrease of 3.9 percent compared to export volume totals in July and August 
2024. Other cheese export volumes in July and August 2025 totaled 21,181 metric 
tons, an increase of 2.9 percent compared to export volume totals in July and 
August 2024.

According to Dairy Australia, cheese production in Australia in June 2025 
totaled 24,784 metric tons, a decrease of 14.2 percent compared to production 
totals in June 2024. Australian cheese production from July 2024 to June 2025 
totaled 430,068 metric tons, a decrease of 4.0 percent compared to production 
totals from July 2023 to June 2024.

Beginning November 1, 2025, this report will be published at 11:30 AM EST/10:30 
AM CST.

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