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Article: Cheese trading leaves Wis.
- Article from:
- Chicago Sun-Times
- Article date:
- May 2, 1997
- Author:
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Copyright informationCopyright 1997 Chicago Sun-Times. (Hide copyright information)
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Last week, the unspeakable happened in Wisconsin: The Dairy State
lost its right to trade cheese.
On Friday, the 40-year-old National Cheese Exchange in Green Bay
closed the doors of its cozy trading room on Walnut Street,
succumbing to years of charges by farmers and others that it unduly
influenced U.S. dairy prices.
The nation's cash cheese trading moved Thursday to a pit at the
Chicago Mercantile Exchange, one of the world's largest futures
exchanges.
"It's a sad day for Wisconsin," said Don Menzer, a Cheese
Exchange board member and chairman of Marathon, Wis.-based Marathon
Cheese Corp. "We live in a time when people don't take responsibility
for their own actions and look for ...