MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  August 28, 2008 (REPORT 35)                        

OCEANIA                                                          
INFORMATION GATHERED  08/18/2008 - 08/29/2008                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  As with most Oceania manufactured dairy products, cheese prices 
and the market tone are weak.  Weakening trends in other international markets 
are causing Oceania handlers and traders to adjust, or at least review, their 
prices to remain competitive.  As the new milk production season develops in 
Oceania, cheese output is increasing.  Demand for most manufactured dairy 
products is slow, although cheese commitments are continuing to be arranged with 
regular and ongoing customers, but often at a slower rate than previous years.                                                    
                                                                 
39% MAXIMUM MOISTURE:                    4,400 - 4,800

0930c steve Schneeberger  (608)250-3204