• Update on September 2013 CME Dairy Futures and Options Settlement

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 13-455
      • Notice Date
      • 01 October 2013
      • Effective Date
      • 01 October 2013
    • Subsequent to our letter to customers this morning regarding the potential impacts of the government shutdown, and the inability of USDA/AMS to release the Class and Component Prices, it is our understanding that the ten (10) Federal Milk Marketing Orders will release the prices on Wednesday, October 2, 2013. Therefore, 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 2, 2013 as scheduled.
      In order to access the settlement data for the September contracts please link to your Federal Milk Order website. For example, the following link is for the Upper Midwest Order http://www.fmma30.com
      Please contact CME Clearing at 1.312.207.2525 or ccs@cmegroup.com with any questions.

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