MD_DA851
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MD DA851 CHEESE HIGHLIGHTS 

FEBRUARY 03, 2012   MADISON, WI (REPORT 5)

CHEESE HIGHLIGHTS:  Cheese prices were uneven this week.  Early 
trading was steady to weak, with Friday's trade steady to higher.   
Last week's late week activity at the CME Group was followed this 
week with another flurry of activity on Friday.  Friday's close 
again saw active trading, although this week it was blocks with 
10 sales reported at steady prices.  Mild winter weather across 
much of the country is helping to increase milk production and 
thus more milk is finding it's way to cheese factories.  
Inventories are building as sales are reported slow after the New 
Year.  CWT is accepting requests for export assistance and 
helping to move some excess inventories.  Lower prices have 
increased interest from aging operations, although buyers are 
reported cautious as they attempt to find the low price.  

1200c Robert Hunter 608-278-4158