Monday, March 21, 2011
(click on image to enlarge)
Today was a really big day on the CME - 26 loads of blocks traded. No big changes in players. The charades do not end at the CME, however.
Note above the information from Dairy Market News. Note footnote 3 and the amount of milk depooled from four federal orders. That is another way of saying the dairy farmers in those orders did not see the full value of their milk which went into Class III.