CME Dairy Price Flash

MD_DA997                                                                                  
DA                                                                                        
MD DA997 CME Group - Daily Cash Trading - Week to Date                                    
                                                                                          
                                                                                          
MADISON, WI.  November 21, 2012 (REPORT 47)                                               

      CME Group, CHICAGO, IL                                                              
                                                                                          
   Daily Cash Trading on Wednesday, November 21, 2012                                     
                                                                                          
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                 :            CLOSE          :        CHANGE                              
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CHEESE                                                                                    
                 :                           :                                            
  BARRELS        :            $1.7450        :         .0200                              
                 :                           :                                            
  40# BLOCKS     :            $1.8250        :          N.C.                              
                 :                           :                                            
NONFAT DRY MILK                                                                           
                 :                           :                                            
  EXTRA GRADE    :            $1.5600        :          N.C.                              
                 :                           :                                            
  GRADE A        :            $1.5575        :        -.0050                              
                 :                           :                                            
BUTTER                                                                                    
                 :                           :                                            
  GRADE AA       :            $1.6900        :        -.0100                              
                 :                           :                                            
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DAILY CASH CLOSES AND CHANGES                                    
                                                                 
COMMODITY     MONDAY    TUESDAY   WEDNESDAY   THURSDAY    FRIDAY 
              NOV 19     NOV 20     NOV 21     NOV 22     NOV 23 
                                                                 
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CHEESE                                                           
BARRELS      $1.7225    $1.7250    $1.7450                       
             (N.C.)    (+.0025)   (+.0200)                C      
                                               H          M      
40# BLOCKS   $1.8250    $1.8250    $1.8250     O          E      
             (N.C.)     (N.C.)     (N.C.)      L                 
                                               I                 
NONFAT DRY MILK                                D                 
EXTRA GRADE  $1.5600    $1.5600    $1.5600     A          C      
             (N.C.)     (N.C.)     (N.C.)      Y          L      
                                                          O      
GRADE A      $1.5625    $1.5625    $1.5575                S      
            (-.0025)    (N.C.)    (-.0050)                E      
                                                          D      
BUTTER                                                           
GRADE AA     $1.7200    $1.7000    $1.6900                       
            (-.0750)   (-.0200)   (-.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                                               
1227C   (608) 278-4200                                           

1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Ag markets diverged significantly Friday afternoon
4. Vilsack: Food, Farm and Jobs Bill critical for U.S. producers
5. Ag markets decidedly mixed on Friday morning
6. Dairy among best snacks for diabetics

1. Beware of the soy milk after-taste face
2. Monsters love milk, too
3. What sick day? Farmers take just three a year
4. Salma Hayek: Milk part of 'perfect' breakfast
5. Activists at the door
6. IDFA: Opposition to Dairy Supply Management mounts

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. IDFA: Opposition to Dairy Supply Management mounts
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop