CHICAGO, Aug. 11, 2000 - Trading hours for dairy futures and options products on the Chicago Mercantile Exchange (CME) will be revised beginning with the start of trading on Monday, Aug. 14, 2000, the CME announced.

The new trading hours will be as follows:

• Class IV milk, 9:20 a.m. - 1:10 p.m. (Central Time)
• Butter, 9:30 a.m. - 1:10 p.m.
• Class III milk, cheese, nonfat dry milk and dry whey, 9:40 a.m. - 1:10 p.m.

In addition to futures and options on dairy products, the CME trades cash markets in cheese, nonfat dry milk and butter. Trading hours for cash products are unchanged.

Further information on the CME and its products is available on the CME Web site at: http://www.cme.com

The American Butter Institute, headquartered in Arlington, VA, represents the marketing, policy, and regulatory interests of the nation's butter manufacturers. ABI's 35 member companies market approximately 90% of all the butter manufactured in the U.S.