CME Dairy Price Flash

MD_DA997                                                                                  
DA                                                                                        
MD DA997 CME Group - Daily Cash Trading - Week to Date                                    
                                                                                          
                                                                                          
MADISON, WI.  December 19, 2012 (REPORT 51)                                               

      CME Group, CHICAGO, IL                                                              
                                                                                          
   Daily Cash Trading on Wednesday, December 19, 2012                                     
                                                                                          
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                 :            CLOSE          :        CHANGE                              
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CHEESE                                                                                    
                 :                           :                                            
  BARRELS        :            $1.6375        :         .0075                              
                 :                           :                                            
  40# BLOCKS     :            $1.7200        :          N.C.                              
                 :                           :                                            
NONFAT DRY MILK                                                                           
                 :                           :                                            
  EXTRA GRADE    :            $1.5600        :          N.C.                              
                 :                           :                                            
  GRADE A        :            $1.5575        :          N.C.                              
                 :                           :                                            
BUTTER                                                                                    
                 :                           :                                            
  GRADE AA       :            $1.5600        :        -.0100                              
                 :                           :                                            
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DAILY CASH CLOSES AND CHANGES                                    
                                                                 
COMMODITY     MONDAY    TUESDAY   WEDNESDAY   THURSDAY    FRIDAY 
              DEC 17     DEC 18     DEC 19     DEC 20     DEC 21 
                                                                 
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CHEESE                                                           
BARRELS      $1.6300    $1.6300    $1.6375                       
            (+.0050)    (N.C.)    (+.0075)                       
                                                                 
40# BLOCKS   $1.7250    $1.7200    $1.7200                       
             (N.C.)    (-.0050)    (N.C.)                        
                                                                 
NONFAT DRY MILK                                                  
EXTRA GRADE  $1.5600    $1.5600    $1.5600                       
             (N.C.)     (N.C.)     (N.C.)                        
                                                                 
GRADE A      $1.5575    $1.5575    $1.5575                       
             (N.C.)     (N.C.)     (N.C.)                        
                                                                 
BUTTER                                                           
GRADE AA     $1.5700    $1.5700    $1.5600                       
            (-.0250)    (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                                               
1220C   (608) 278-4200                                           

1. Heat stress in dairy calves
2. AFBF president issues statement on U.S.-EU trade negotiations
3. Buckle your seatbelt for the House consideration of the farm bill
4. Study: Federal milk marketing order helps Calif. producers
5. Ag markets were generally mixed overnight trading
6. Winterkill losses put pressure on forage supplies

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. Ranching music video goes viral
6. How China may help keep Calif. dairies in business

1. Commentary: Clueless consumers
2. USDA report shows continued adoption of no-till
3. Finding the comedy in ag-gag
4. Commentary: Ag must resist HSUS 'divide and conquer' strategy
5. Chobani pushes back against UK Greek yogurt ban
6. Researchers test unmanned aircraft for on-farm uses