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  March 19, 2010

If you want to digest what kind of "trading" goes on in the Chicago Mercantile Exchange (CME) spot cheese market... You'll want to read this revealing report by the Milk Producers Council based in California. Their market analyst has tracked and exposed the buying and selling habits of a single, large cheese manufacturing plant in Jerome, Idaho--a division of Davisco International, Inc., which operates three cheese manufacturing plants, the largest of which is the Jerome plant. Together, the three plants make 750,000 pounds of cheddar cheese daily. The full report may be found at the Milk Producers Council website on page 2 of their March 19, 2010 Friday Update.


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