MD_DA998

     CME Group - Weekly Recap

     Report 52 - Released on December 27, 2019

     CME Group, CHICAGO, IL


     DAILY CASH CLOSES, WEEKLY AVERAGES AND CHANGES
     WEEK OF December 23 - 27, 2019
     COMMODITY          MONDAY    TUESDAY  WEDNESDAY  THURSDAY  FRIDAY  ::   WEEKLY   :: WEEKLY
                        DEC 23    DEC 24   DEC 25     DEC 26    DEC 27       CHANGE      AVERAGE
     -------------------------------------------------------------------------------------------
     CHEESE
      BARRELS           $1.7225   $1.7125     No      $1.6300   $1.6000 ::            ::  $1.6663
                       (+0.0575) (-0.0100)  Trading  (-0.0825) (-0.0300) :: (-0.0650) :: (+0.0493)
      40 POUND BLOCKS   $1.8600   $1.8325     No      $1.8000   $1.8300 ::            ::  $1.8306
                        (N.C.)   (-0.0275)  Trading  (-0.0325) (+0.0300) :: (-0.0300) :: (+0.0261)
     NONFAT DRY MILK
      GRADE A           $1.2450   $1.2425     No      $1.2375   $1.2325 ::            ::  $1.2394
                       (-0.0050) (-0.0025)  Trading  (-0.0050) (-0.0050) :: (-0.0175) :: (-0.0126)
     BUTTER
      GRADE AA          $2.0275   $2.0275     No      $2.0300   $2.0350 ::            ::  $2.0300
                       (+0.0225)  (N.C.)    Trading  (+0.0025) (+0.0050) :: (+0.0300) :: (+0.0375)
     DRY WHEY
      EXTRA GRADE       $0.3050   $0.3200     No      $0.3075   $0.3150 ::            ::  $0.3119
                       (-0.0100) (+0.0150)  Trading  (-0.0125) (+0.0075) ::  (N.C.)   :: (-0.0011)
     -------------------------------------------------------------------------------------------
     Prices shown are in U.S. dollars per lb. in carlot quantities. Carlot unit weights: CHEESE,

     40,000-44,000 lbs.; NONFAT DRY MILK, 41,000-45,000 lbs.; BUTTER, 40,000-43,000 lbs.;
     DRY WHEY, 41,000-45,000 lbs.

     Table Definitions:
     Daily Cash Close is the closing price of the commodity from the CME Group daily cash trading
     event.
     Daily Price Change is the difference between the current and previous Daily Cash Close.
     Weekly Change is the sum of Daily Price Changes.
     Weekly Average is the simple average of the Daily Cash Close prices for the calendar week.
     Weekly Average Change is the difference between current and previous Weekly Average.

     NOTICE: Five days of trading information can be found at:
     www.cmegroup.com/trading/agricultural/spot-call-data.html

     Source: CME Group, Chicago, IL
          Information disseminated by USDA, Dairy Market News - Madison, WI, (608) 422-8587
          USDA/AMS/Dairy Market News, Madison, Wisconsin
          Dairy Market News website: http://www.ams.usda.gov/market-news/dairy