MD_DA998

     CME Group - Weekly Recap

     Report 3 - Released on January 21, 2022

     CME Group, CHICAGO, IL


     DAILY CASH CLOSES, WEEKLY AVERAGES AND CHANGES
     WEEK OF January 17 - 21, 2022
     COMMODITY          MONDAY    TUESDAY  WEDNESDAY  THURSDAY  FRIDAY  ::   WEEKLY   :: WEEKLY
                        JAN 17    JAN 18   JAN 19     JAN 20    JAN 21       CHANGE      AVERAGE
     -------------------------------------------------------------------------------------------
     CHEESE
      BARRELS             No      $1.9550   $1.9050   $1.8175   $1.8125 ::            ::  $1.8725
                        Trading  (-0.0050) (-0.0500) (-0.0875) (-0.0050) :: (-0.1475) :: (-0.0180)
      40 POUND BLOCKS     No      $1.8800   $1.8450   $1.8450   $1.8075 ::            ::  $1.8444
                        Trading  (-0.0400) (-0.0350)  (N.C.)   (-0.0375) :: (-0.1125) :: (-0.1581)
     NONFAT DRY MILK
      GRADE A             No      $1.8500   $1.8500   $1.8100   $1.8150 ::            ::  $1.8313
                        Trading  (+0.0350)  (N.C.)   (-0.0400) (+0.0050) ::  (N.C.)   :: (+0.0678)
     BUTTER
      GRADE AA            No      $2.7800   $2.8825   $2.9000   $2.9350 ::            ::  $2.8744
                        Trading  (+0.0550) (+0.1025) (+0.0175) (+0.0350) :: (+0.2100) :: (+0.0814)
     DRY WHEY
      EXTRA GRADE         No      $0.7800   $0.7800   $0.8000   $0.8000 ::            ::  $0.7900
                        Trading  (+0.0100)  (N.C.)   (+0.0200)  (N.C.)  :: (+0.0300) :: (+0.0255)
     -------------------------------------------------------------------------------------------
     Prices shown are in U.S. dollars per lb. in carlot quantities. Carlot unit weights: CHEESE,

     40,000-44,000 lbs.; NONFAT DRY MILK, 41,000-45,000 lbs.; BUTTER, 40,000-43,000 lbs.;
     DRY WHEY, 41,000-45,000 lbs.

     Table Definitions:
     Daily Cash Close is the closing price of the commodity from the CME Group daily cash trading
     event.
     Daily Price Change is the difference between the current and previous Daily Cash Close.
     Weekly Change is the sum of Daily Price Changes.
     Weekly Average is the simple average of the Daily Cash Close prices for the calendar week.
     Weekly Average Change is the difference between current and previous Weekly Average.

     NOTICE: Five days of trading information can be found at:
     www.cmegroup.com/trading/agricultural/spot-call-data.html

     Source: CME Group, Chicago, IL
          Information disseminated by USDA, Dairy Market News - Madison, WI, (608) 422-8587
          USDA/AMS/Dairy Market News, Madison, Wisconsin
          Dairy Market News website: http://www.ams.usda.gov/market-news/dairy