CME Dairy Price Flash

MD_DA997                                                                                  
DA                                                                                        
MD DA997 CME Group - Daily Cash Trading - Week to Date                                    
                                                                                          
                                                                                          
MADISON, WI.  May 8, 2012 (REPORT 19)                                                     

      CME Group, CHICAGO, IL                                                              
                                                                                          
   Daily Cash Trading on Tuesday, May 8, 2012                                             
                                                                                          
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                 :            CLOSE          :        CHANGE                              
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CHEESE                                                                                    
                 :                           :                                            
  BARRELS        :            $1.4525        :        -.0150                              
                 :                           :                                            
  40# BLOCKS     :            $1.4925        :        -.0425                              
                 :                           :                                            
NONFAT DRY MILK                                                                           
                 :                           :                                            
  EXTRA GRADE    :            $1.0875        :        -.0100                              
                 :                           :                                            
  GRADE A        :            $1.1275        :        -.0100                              
                 :                           :                                            
BUTTER                                                                                    
                 :                           :                                            
  GRADE AA       :            $1.3000        :        -.0100                              
                 :                           :                                            
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DAILY CASH CLOSES AND CHANGES                                    
                                                                 
COMMODITY     MONDAY    TUESDAY   WEDNESDAY   THURSDAY    FRIDAY 
              MAY 07     MAY 08     MAY 09     MAY 10     MAY 11 
                                                                 
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CHEESE                                                           
BARRELS      $1.4675    $1.4525                                  
            (-.0025)   (-.0150)                                  
                                                                 
40# BLOCKS   $1.5350    $1.4925                                  
             (N.C.)    (-.0425)                                  
                                                                 
NONFAT DRY MILK                                                  
EXTRA GRADE  $1.0975    $1.0875                                  
            (-.0100)   (-.0100)                                  
                                                                 
GRADE A      $1.1375    $1.1275                                  
            (-.0100)   (-.0100)                                  
                                                                 
BUTTER                                                           
GRADE AA     $1.3100    $1.3000                                  
             (N.C.)    (-.0100)                                  
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Close represents US $ per pound. Change is price change from     
previous close. Information disseminated by USDA, Dairy Market   
News - Madison, WI                                               
1254C   (608) 278-4200                                           

1. Ground beef recalled due to possible E. coli contamination
2. Ag markets moved generally higher Wednesday
3. Repainting “American Gothic:” Number of women farming triples
4. U.S. milk production rose 0.8% in May
5. India: Milk’s new horizon
6. Increased access to Canadian dairy market urged

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Ranching music video goes viral
4. Chobani pushes back against UK Greek yogurt ban
5. Cattle crush Calif. dairy worker
6. WASDE: Corn price outlook lowered

1. USDA report shows continued adoption of no-till
2. Finding the comedy in ag-gag
3. Expert offers tips to reduce hay-drying time
4. Commentary: Ag must resist HSUS 'divide and conquer' strategy
5. Chobani pushes back against UK Greek yogurt ban
6. Will Smith dethroned in latest Peterson Farm Bros. parody