• Update on October 2013 CME Dairy Futures and Options Settlement

      • To
      • Clearing Member Firms; Back Office Manager
      • From
      • CME Clearing
      • #
      • 13-467
      • Notice Date
      • 08 October 2013
      • Effective Date
      • 08 October 2013
    • Subsequent to our letter to customers  on October 1, 2013, regarding the potential impacts of the government shutdown, and the inability of USDA/AMS to release the Class and Component Prices, it is currently our understanding that going forward the Upper Midwest Federal Order will continue to release both the weekly and monthly prices as scheduled. Therefore, it is our intention that the final settlement of the CME Milk (Class III & Class IV), Cheese, Butter, Whey and Nonfat Dry Milk futures and options contracts will occur on Wednesday, October 30, 2013, as scheduled.
      In order to access the weekly and final settlement data for the October contracts please see your Federal Milk Order website. If your Federal Marketing Order does not have the information, you can link to the Upper Midwest Order at http://www.fmma30.com
      Please contact CME Clearing at 1.312.930.3172 or clearinghousedelivteam@cmegroup.com with any questions.


      For the full text of this advisory...