USDA Oceania Cheddar Cheese 12/04 10:20

AMS_1082 MARS

Cheese - Oceania

Released on December 04, 2025

After declining in recent weeks, Oceania cheddar cheese prices increased at 
both ends of the range during the current period. Despite generally weak 
international demand for dairy products, export demand for Oceania cheddar 
strengthened, leading to an increase in export prices. Production remained 
steady as milk output trended lower seasonally. 

Cheddar cheese was one of the few commodities to show strength at Global Dairy 
Trade (GDT) event 393. The GDT price index for cheddar increased 7.2 percent 
overall, with prices increasing across each contract for which product was 
sold. The North Asia region was the largest purchaser of cheddar cheese at 
event 393, with the Middle East and Southeast Asia/Oceania regions also making 
significant purchases. The quantity of cheddar sold was down from event 392 but 
was higher than at event 369 a year ago.

Prices for: Oceania, 39% Maximum Moisture, Free on Board - Port Cheese
Price Range - Dollars per Metric Ton: 4575 - 4700


Information for the period November 24 -  December 5, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 393 on December 2, 2025, the average price for cheddar across 
all contract periods was $4,639 per metric ton, corresponding to a 7.2 percent 
increase in the cheddar price index from the prior event. The average price for 
the January contract was $4,681 per metric ton, with the January price index up 
7.7 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 October 2025 cheese 
export volumes were 32,923 MT, an increase of 6.0 percent from the year prior. 
Export volumes of cheese from January - October 2025 were 339,367 MT, up 13.0 
percent from the same time frame a year ago.

[0600059B]