FeedDinner 2018
          INTERNATIONAL DAIRY MARKET NEWS                           
Information gathered October 31 - November 11, 2011 (Report 45)     
      U.S. dollars per metric ton f.o.b. port                       

            BUTTER (82% BUTTERFAT)                            
                                                              
WESTERN EUROPE           4800   -  5450                       
                         (-350) -  (-150)                     
OCEANIA                  3600   -  4100                       
                         (-400) -  (-100)                     

            BUTTEROIL (99% BUTTERFAT)                         
                                                              
WESTERN EUROPE           5650   -  6000                       
                         (-250) -  (-200)                     

            SKIM MILK POWDER (1.25% BUTTERFAT)                
                                                              
WESTERN EUROPE           3150   -  3400                       
                         (-50)  -  (N.C.)                     
OCEANIA                  3200   -  3500                       
                         (N.C.) -  (N.C.)                     

            WHOLE MILK POWDER (26% BUTTERFAT)                 
                                                              
WESTERN EUROPE           3925   -  4200                       
                         (25)   -  (-50)                      
OCEANIA                  3400   -  3800                       
                         (N.C.) -  (200)                      

            WHEY POWDER (NONHYGROSCOPIC)                      
                                                              
WESTERN EUROPE           1250   -  1400                       
                         (25)   -  (N.C.)                     

            CHEDDAR CHEESE (39% MAXIMUM MOISTURE)             
                                                              
OCEANIA                  3250   -  4500                       
                         (-150) -  (N.C.)
FeedDinner 2018