CME Dairy Price Flash

MD_DA997                                                                                  
DA                                                                                        
MD DA997 CME Group - Daily Cash Trading - Week to Date                                    
                                                                                          
                                                                                          
MADISON, WI.  January 31, 2013 (REPORT 5)                                                 

      CME Group, CHICAGO, IL                                                              
                                                                                          
   Daily Cash Trading on Thursday, January 31, 2013                                       
                                                                                          
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                 :            CLOSE          :        CHANGE                              
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CHEESE                                                                                    
                 :                           :                                            
  BARRELS        :            $1.5325        :         .0025                              
                 :                           :                                            
  40# BLOCKS     :            $1.6450        :          N.C.                              
                 :                           :                                            
NONFAT DRY MILK                                                                           
                 :                           :                                            
  EXTRA GRADE    :            $1.5600        :          N.C.                              
                 :                           :                                            
  GRADE A        :            $1.5200        :        -.0100                              
                 :                           :                                            
BUTTER                                                                                    
                 :                           :                                            
  GRADE AA       :            $1.5550        :          N.C.                              
                 :                           :                                            
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DAILY CASH CLOSES AND CHANGES                                    
                                                                 
COMMODITY     MONDAY    TUESDAY   WEDNESDAY   THURSDAY    FRIDAY 
              JAN 28     JAN 29     JAN 30     JAN 31     FEB 01 
                                                                 
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CHEESE                                                           
BARRELS      $1.5700    $1.5325    $1.5300    $1.5325            
            (-.0025)   (-.0375)   (-.0025)   (+.0025)            
                                                                 
40# BLOCKS   $1.6450    $1.6450    $1.6450    $1.6450            
             (N.C.)     (N.C.)     (N.C.)     (N.C.)             
                                                                 
NONFAT DRY MILK                                                  
EXTRA GRADE  $1.5600    $1.5600    $1.5600    $1.5600            
             (N.C.)     (N.C.)     (N.C.)     (N.C.)             
                                                                 
GRADE A      $1.5300    $1.5300    $1.5300    $1.5200            
             (N.C.)     (N.C.)     (N.C.)    (-.0100)            
                                                                 
BUTTER                                                           
GRADE AA     $1.5050    $1.5050    $1.5550    $1.5550            
             (N.C.)     (N.C.)    (+.0500)    (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                                               
1239C   (608) 278-4200                                           

1. 4 rules for growing a business or industry
2. Corn planting pace turns from record slow to record fast
3. Ag markets seemed to follow gold higher Monday afternoon
4. Online systems keeps exporters abreast of market regulations
5. April milk production up 0.3 percent
6. New crop cottonseed market rallies in face of tight supplies

1. D.C. Watch: Farm bill progressing
2. Class III futures close out quietly last week
3. 4 rules for growing a business or industry
4. April milk production up 0.3 percent
5. What are the drivers of profit in your dairy herd?
6. Lowfat dairy may cut diabetes risk

1. Analysis: Dairy Security Act better for farmers, taxpayers
2. Commentary: Slanting the statistics
3. World food supply depends on character, virtuous leadership
4. Buffet concerned about soil and starvation
5. Cold spring stunts upper Midwest hay crop
6. N.M. rancher charged with 43 counts of animal cruelty