CME Dairy Price Flash

MD_DA997                                                                                  
DA                                                                                        
MD DA997 CME Group - Daily Cash Trading - Week to Date                                    
                                                                                          
                                                                                          
MADISON, WI.  May 25, 2012 (REPORT 21)                                                    

*** NOTICE:  The CME will be closed in observance of the Memorial Day Holiday on 
Monday, May 28, 2012.***

      CME Group, CHICAGO, IL                                                              
                                                                                          
   Daily Cash Trading on Friday, May 25, 2012                                             
                                                                                          
-----------------------------------------------------------------                         
                 :            CLOSE          :        CHANGE                              
-----------------------------------------------------------------                         
CHEESE                                                                                    
                 :                           :                                            
  BARRELS        :            $1.4700        :          N.C.                              
                 :                           :                                            
  40# BLOCKS     :            $1.5700        :         .0675                              
                 :                           :                                            
NONFAT DRY MILK                                                                           
                 :                           :                                            
  EXTRA GRADE    :            $1.0900        :          N.C.                              
                 :                           :                                            
  GRADE A        :            $1.1550        :         .0125                              
                 :                           :                                            
BUTTER                                                                                    
                 :                           :                                            
  GRADE AA       :            $1.3875        :          N.C.                              
                 :                           :                                            
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DAILY CASH CLOSES AND CHANGES                                    
                                                                 
COMMODITY     MONDAY    TUESDAY   WEDNESDAY   THURSDAY    FRIDAY 
              MAY 21     MAY 22     MAY 23     MAY 24     MAY 25 
                                                                 
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CHEESE                                                           
BARRELS      $1.4600    $1.4600    $1.4700    $1.4700    $1.4700 
             (N.C.)     (N.C.)    (+.0100)    (N.C.)     (N.C.)  
                                                                 
40# BLOCKS   $1.5000    $1.5000    $1.5000    $1.5025    $1.5700 
             (N.C.)     (N.C.)     (N.C.)    (+.0025)   (+.0675) 
                                                                 
NONFAT DRY MILK                                                  
EXTRA GRADE  $1.0825    $1.0825    $1.0900    $1.0900    $1.0900 
             (N.C.)     (N.C.)    (+.0075)    (N.C.)     (N.C.)  
                                                                 
GRADE A      $1.1250    $1.1300    $1.1400    $1.1425    $1.1550 
             (N.C.)    (+.0050)   (+.0100)   (+.0025)   (+.0125) 
                                                                 
BUTTER                                                           
GRADE AA     $1.3850    $1.3850    $1.3850    $1.3875    $1.3875 
            (+.0300)    (N.C.)     (N.C.)    (+.0025)    (N.C.)  
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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                                               
1232C   (608) 278-4200                                           

1. Ag markets mixed again Tuesday
2. Behold, the power of Greek yogurt’s whey
3. Milk and dairy product prices remain stable
4. Ag markets generally mixed around midsession on Tuesday
5. How China may keep Calif. dairies in business
6. Why commodity feeding?

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. Uncertainty hangs over milk futures market
3. Chobani pushes back against UK Greek yogurt ban
4. Cattle crush Calif. dairy worker
5. WASDE: Corn price outlook lowered
6. How China may keep Calif. dairies in business

1. Commentary: Clueless consumers
2. Commentary: Why should we care about the farm bill?