Cheddar Cheese Prices by Style and Region --------------------------------------------------------------------------------
                    :                        Week Ending
  Style and Region  :-----------------------------------------------------------
                    :  Jul 31,  :  Jul 24,  :  Jul 17,  :  Jul 10,  :  Jul 3,
                    :   1998    :  1998 1/  :  1998 1/  :   1998 1/ :   1998 --------------------------------------------------------------------------------
                    :                         Dol./Lb.
40 Lb. Blocks       :
  Avg. Price 2/     :
    MN/WI           :    1.6442      1.6374      1.6178      1.5901      1.5772
    West 3/         :    1.6032      1.5782      1.5593      1.5408      1.5221
    US 4/           :    1.6161      1.5929      1.5787      1.5522      1.5332
                    :
                    :                          Pounds
  Sales Volume 5/   :
    MN/WI           : 1,203,364   1,405,971   1,823,214   1,058,349     814,236
    West 3/         : 3,707,009   4,702,751   4,077,402   4,152,817   3,534,258
    US 4/           : 5,104,949   6,284,646   6,114,827   5,448,602   4,527,270 --------------------------------------------------------------------------------
                    :                         Dol./Lb.
640 Lb. Blocks      :
  Avg. Price 2/     :
    US              :    1.6145      1.5968      1.5890      1.5549      1.4610
                    :
                    :                          Pounds
  Sales Volume 5/   :
    US              :   679,724   1,320,815   1,242,802     816,491   1,143,409 --------------------------------------------------------------------------------
                    :                         Dol./Lb.
500 Lb. Barrels     :
  Avg. Price 2/     :
    MN/WI           :    1.6077      1.6132      1.6408      1.6341      1.6130
    Oth             :    1.5866      1.6043      1.5999      1.6172      1.5992
    US              :    1.5958      1.6078      1.6172      1.6242      1.6036
                    :
  Price Adj. to     :
    39% Moisture    :
    MN/WI           :    1.5217      1.5300      1.5542      1.5458      1.5294
    Oth             :    1.4836      1.4958      1.4903      1.5080      1.4914
    US              :    1.5000      1.5092      1.5172      1.5236      1.5035
                    :
                    :                          Pounds
  Sales Volume 5/   :
    MN/WI           : 3,788,800   3,793,914   3,969,888   3,871,657   3,218,418
    Oth             : 4,953,839   5,785,452   5,386,996   5,451,795   6,758,111
    US              : 8,742,639   9,579,366   9,356,884   9,323,452   9,976,529
                    :
                    :                          Percent
  Moisture Content  :
    MN/WI           :     35.55       35.68       35.60       35.52       35.66
    Oth             :     34.76       34.57       34.51       34.58       34.59
    US              :     35.11       35.01       34.98       34.97       34.94 -------------------------------------------------------------------------------- 1/  Revised.
2/  Prices weighted by volumes reported.
3/  CA, ID, OR, and WA.
4/  "Other Regions" included in U.S. total.
5/  Sales as reported by cooperating manufacturers.