Daily Cash Trading - Cheese

MD_DA800                                                                     
DA                                                                           
MD DA800 Cheese - CME Group - Daily Cash Trading                             
                                                                             
                                                                             
MADISON, WI.  May 15, 2012 (REPORT 20)                                       

CME Group, CHICAGO, IL                                                       
                                                                             
   Daily Cash Cheese Trading on Tuesday, May 15, 2012                        
          (Carload Unit = 40,000-44,000 lbs.)                                
                                                                             
------------------------------------------------------------------           
CHEESE           :            CLOSE          :        CHANGE                 
------------------------------------------------------------------           
                 :                           :                               
BARRELS          :            $1.4500        :          N.C.                 
                 :                           :                               
40# BLOCKS       :            $1.5000        :          N.C.                 
                 :                           :                               
------------------------------------------------------------------           
                                                                             
SALES:                   1 CAR BARRELS @ $1.4500                             
                                                                             
LAST BID UNFILLED:       NONE                                                
                                                                             
LAST OFFER UNCOVERED:    1 CAR 40# BLOCKS @ $1.5000                          
                                                                             
Close represents US $ per pound. Change is price change from previous close. 
Information disseminated by USDA, Dairy Market News - Madison, WI            
1105C   (608) 278-4200                                                       

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

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. How China may help keep Calif. dairies in business
6. WASDE: Corn price outlook lowered

1. Commentary: Clueless consumers
2. Group enhances financial commitment to dairy exports
3. USDA report shows continued adoption of no-till
4. Finding the comedy in ag-gag
5. Commentary: Ag must resist HSUS 'divide and conquer' strategy
6. Chobani pushes back against UK Greek yogurt ban