MD_DA998

     CME Group - Weekly Recap and Trading

     Report 2 - Released on January 11, 2019

     CME Group, CHICAGO, IL

     *** NOTICE: Dairy Market News no longer publishes CME Group sale, bid, or
     offer trading activity. Five days of trading information can be found at
     www.cmegroup.com/trading/agricultural/spot-call-data.html ***

     DAILY CASH CLOSES, WEEKLY AVERAGES, CHANGES AND WEEKLY TRADING ACTIVITY
     WEEK OF January 7 - 11, 2019
     COMMMODITY         MONDAY    TUESDAY  WEDNESDAY  THURSDAY  FRIDAY  ::   WEEKLY   :: WEEKLY
                        JAN 7     JAN 8    JAN 9      JAN 10    JAN 11       CHANGE      AVERAGE
     -------------------------------------------------------------------------------------------
     CHEESE
      BARRELS           $1.2925   $1.2775   $1.2450   $1.2475   $1.2450 ::            ::  $1.2615
                       (-0.0100) (-0.0150) (-0.0325) (+0.0025) (-0.0025) :: (-0.0575) :: (-0.0379)
      40 POUND BLOCKS   $1.4000   $1.3800   $1.3700   $1.3900   $1.4100 ::            ::  $1.3900
                       (-0.0175) (-0.0200) (-0.0100) (+0.0200) (+0.0200) :: (-0.0075) :: (-0.0306)
     NONFAT DRY MILK
      GRADE A           $0.9750   $0.9900   $1.0025   $1.0250   $1.0300 ::            ::  $1.0045
                        (N.C.)   (+0.0150) (+0.0125) (+0.0225) (+0.0050) :: (+0.0550) :: (+0.0476)
     BUTTER
      GRADE AA          $2.2300   $2.2300   $2.2350   $2.2350   $2.2575 ::            ::  $2.2375
                       (-0.0200)  (N.C.)   (+0.0050)  (N.C.)   (+0.0225) :: (+0.0075) :: (+0.0037)
     DRY WHEY
      EXTRA GRADE       $0.4825   $0.4825   $0.4875   $0.4875   $0.4950 ::            ::  $0.4870
                       (-0.0075)  (N.C.)   (+0.0050)  (N.C.)   (+0.0075) :: (+0.0050) :: (+0.0020)
     -------------------------------------------------------------------------------------------
     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.

     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

     ------------
     MONDAY, JANUARY 7, 2019
     CHEESE -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     NONFAT DRY MILK -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     BUTTER -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     DRY WHEY -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     ------------
     TUESDAY, JANUARY 8, 2019
     CHEESE -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     NONFAT DRY MILK -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     BUTTER -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     DRY WHEY -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     ------------
     WEDNESDAY, JANUARY 9, 2019
     CHEESE -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     NONFAT DRY MILK -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     BUTTER -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     DRY WHEY -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     ------------
     THURSDAY, JANUARY 10, 2019
     CHEESE -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     NONFAT DRY MILK -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     BUTTER -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     DRY WHEY -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     ------------
     FRIDAY, JANUARY 11, 2019
     CHEESE -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     NONFAT DRY MILK -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     BUTTER -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE
     DRY WHEY -- SALES: NONE; UNFILLED BIDS: NONE; UNFILLED OFFERS: NONE