United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2007-06-21 monographic deposited born digital 44 p. GA 1.13:GAO-07-707 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-707 P0b002ee18038e825 f:d07707 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-07-707 machine generated eng fdlp REPORT GAOREPORTS-GAO-07-707 GAO-07-707 Agricultural industry Commodity sales Comparative analysis Dairy industry Dairy products Monitoring Prices and pricing Pricing surveys Trade regulation Other Written Product A71232 The Chicago Mercantile Exchange (CME) is home to the spot cheddar cheese market, which impacts the prices of virtually all cheese traded in the United States, producer milk prices, and milk futures contracts. The spot cheese market, formerly the National Cheese Exchange (NCE) in Wisconsin, has been and continues to be the subject of concerns about price manipulation. GAO was asked to examine (1) the market's structure and ongoing concerns about price manipulation; (2) market oversight and efforts to address potential manipulation; and (3) how the market impacts federal milk pricing. In response, GAO compared the markets at NCE and CME, analyzed trading data, collected information about the Commodity Futures Trading Commission's (CFTC) oversight, and met with industry participants, academics, and agency officials. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-707/html/GAOREPORTS-GAO-07-707.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-707/pdf/GAOREPORTS-GAO-07-707.pdf GAO-07-707 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-707 Other Written Product GAO-07-707; Spot Cheese Market: Market Oversight Has Increased, but Concerns Remain about Potential Manipulation; Agricultural industry Commodity sales Comparative analysis Dairy industry Dairy products Monitoring Prices and pricing Pricing surveys Trade regulation Public Law 106-32