Big Drop in Spot Cheese and Butter Prices Today

Posted by Brian Gould Thu, 11 Dec 2008 21:41:00 GMT

Today is a record day at the CME spot market.  Cheddar block prices dropped $0.18 to end the data at $1.5750.   Barrels dropped $0.2250 to end the day at $1.5225.  Spot butter prices dropped $0.06 to end the day at $1.1300 .