CME Spot Cheddar Prices Fall Below Support
Mon, 05 Jan 2009 19:57:00 GMT
The CME Spot Barrel price fell to $1.0975 in today’s spot market at the CME. &npsp;The Block price fell to $1.1275.
Dec. '08 Class III is $15.28 and Class IV is $10.35
Fri, 02 Jan 2009 20:29:00 GMT
The USDA released the Announced Dec. Class III and IV prices today. The Announced Class III price is $15.28 compared to $15.51 for November and $20.60 for Dec. ‘07.  The Dec. Announced Class IV is $10.35 compared to $12.25 for Nov. The Dec. ‘07 Class IV was $19.18.
CME Block Price Decreases to Support Level for the 1st Time Since March 2006
Thu, 01 Jan 2009 14:57:00 GMT
As of yesterday, the CME spot block price is at $1.1325 and the barrel price is $1.13. Government purchase prices are $1.1314 and $1.1014, respectively. The last time the Feds bought cheese was 2003, when 35.4 mil. lbs. was purchased between Jan. and July.
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