FeedDinner 2018
INTERNATIONAL DAIRY MARKET NEWS                           
Information gathered August 20 - 31, 2012               
U.S. dollars per metric ton f.o.b. port                       

            BUTTER (82% BUTTERFAT)                            
                                                              
WESTERN EUROPE           3500   -  3900                       
                         (200)  -  (200)                      
OCEANIA                  2800   -  3400                       
                         (100)  -  (250)                      

            BUTTEROIL (99% BUTTERFAT)                         
                                                              
WESTERN EUROPE           4100   -  4600                       
                         (125)  -  (175)                      

            SKIM MILK POWDER (1.25% BUTTERFAT)                
                                                              
WESTERN EUROPE           3100   -  3500                       
                         (225)  -  (300)                      
OCEANIA                  2950   -  3450                       
                         (200)  -  (350)                      

            WHOLE MILK POWDER (26% BUTTERFAT)                 
                                                              
WESTERN EUROPE           3400   -  3700                       
                         (225)  -  (200)                      
OCEANIA                  2850   -  3400                       
                         (150)  -  (300)                      

            WHEY POWDER (NONHYGROSCOPIC)                      
                                                              
WESTERN EUROPE           1250   -  1400                       
                         (75)   -  (100)                      

            CHEDDAR CHEESE (39% MAXIMUM MOISTURE)             
                                                              
OCEANIA                  3400   -  4000                       
                         (300)  -  (N.C.)         
FeedDinner 2018