http://future.aae.wisc.edu/blog/articles/2008/07/31/cme-spot-barrel-prices-posta-record-1-day-decline en-us 40 Updates and information about the the trends in Dairy Markets <p>Barrel cheese price <a href="http://future.aae.wisc.edu/data/daily_values/by_area/15?tab=prices"> fell 28¢</a>, closing at $1.65 with 12 loads sold. This is the largest one-day price decline in history, pushing price to the lowest level since May 16, 2007. Blocks <a href="http://future.aae.wisc.edu/data/daily_values/by_area/14?tab=prices"> lost 11.25¢</a> and closed at $1.97.</p> <p>As a result of the cheese price decline the SEP-JAN <a href="http://future.aae.wisc.edu/data/futures/by_contract/3"> milk futures contracts</a> closed down the 75¢ daily limit. Futures contracts in 2009 averaged $18.51 on the close, dropping 47¢ from Tuesday. The 12-mo. average price for 2009 declined $2.08 since June 18.</p> Thu, 31 Jul 2008 04:33:00 -0500 urn:uuid:6fae8296-8a12-465f-87b0-a012307e4bc2 Brian Gould http://future.aae.wisc.edu/blog/articles/2008/07/31/cme-spot-barrel-prices-posta-record-1-day-decline News