Wednesday, July 7, 2010
CWT What a Haul
(click on image to enlarge)
Above is the latest from CWT. Notice the quantity 39 million pounds?
Block Cheddar on the Chicago Mercantile Exchange has averaged $1.39 per pound, March 2010 through June 2010.
CWT enhances the deal at $1.40 per pound.
World Cheddar price has averaged $1.78 per pound in the same time period.
Do the math. Easy money.