• Settlement of the October 2013 CME Dairy Futures and Options Contracts

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 13-499
      • Notice Date
      • 24 October 2013
      • Effective Date
      • 30 October 2013
    • As a follow up to Clearing Advisory #13-467 dated October 8, 2013, USDA/AMS will resume disseminating, as scheduled, the Class and Component Prices for dairy products on Wednesday, October 30, 2013.
       
      As a result, the prices released on Wednesday, October 30, 2013, will be the prices used to cash-settle the October 2013 CME Milk (Class III & IV), Cheese, Butter, Whey and Nonfat Dry Milk futures and options contracts in accordance with normal practice under CME rules.
       
      To access these USDA/AMS prices please use the following link: http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1856  
       
       
      Please contact CME Clearing at 1.312.930.3172 or clearinghousedelivteam@cmegroup.com with any questions.