MD_DA128                                                         
DA                                                               
MD DA128 Cheddar Cheese - Oceania                                

MADISON, WI.  February 04, 2010 (REPORT 5)                       

OCEANIA                                                          
INFORMATION GATHERED  01/25/2010 - 02/05/2010                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

CHEDDAR CHEESE:  Oceania cheese markets and prices are also weaker, although 
more stable than other manufactured dairy product markets.  Cheese production 
continues to edge lower as milk volumes seasonally decrease.  For much of the 
current production season, cheese output has held up quite well, but often was 
below projected levels.  Stocks for commitments are in close balance with no 
significant uncommitted production available.                                                    
                                                                 
39% MAXIMUM MOISTURE:                    3,750 - 4,300

0930c steve Schneeberger  (608)250-3204