Milk, Dairy and Grain Market Commentary
There is simply too much cheese. USDA’s Dairy Market News reports that cheese production schedules are “steady to stronger” and, for...
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- May 26
- 4 min
Milk, Dairy and Grain Market Commentary
The Class III markets have tumbled for nearly six months. But there are signs that they have finally reached the valley floor. CME spot...
- May 26
- 4 min
The Producer Review Board had a Meeting
On May 25, ten members of the Producer Review Board (PRB) got together with California Department of Food and Agriculture (CDFA) staff...
- May 19
- 3 min
Milk, Dairy and Grain Market Commentary
The dairy markets dropped again, and whey led the way lower. CME spot whey powder fell 3.75ȼ to 26.5ȼ per pound. Spot whey has traded...
- May 19
- 1 min
Colorado River Update
The precipitation this winter has significantly increased the anticipated inflow to the Colorado River system, particularly into Lake...
- May 12
- 4 min
Milk, Dairy and Grain Market Commentary
The bears prowled LaSalle Street this week, and the bulls were nowhere to be found. Spot dairy product values slumped, and milk futures...
- May 5
- 3 min
Finally, an FMMO Petition from the National Milk Producers Federation
When California joined the Federal Milk Marketing Order (FMMO) program in November of 2018, it was widely believed that an update of...
- May 5
- 4 min
Milk, Dairy and Grain Market Commentary
After a long decline, the global milk powder market is tentatively on the mend. Both skim milk powder (SMP) and whole milk powder...
- Apr 28
- 4 min
Milk, Dairy and Grain Market Commentary
The feed markets tumbled once again this week. July corn futures notched their lowest price in nearly a year and closed today at $5.85...
- Apr 28
- 2 min
Lots of Water; No Place to Put It
An enormous amount of water is flowing out of the Delta into the ocean. The two pumping plants that export water to the California...
- Apr 21
- 4 min
Milk, Dairy and Grain Market Commentary
Milk prices are woefully inadequate to cover today’s stubbornly high feed costs. With poor margins and rising beef values, dairy...
- Apr 14
- 4 min
Milk, Dairy and Grain Market Commentary
The dairy industry laments the loss of 18,000 cows at a dairy in the Texas panhandle, where an equipment fire spread quickly through...
- Apr 7
- 4 min
Milk, Dairy and Grain Market Commentary
While the Easter bunny was finalizing preparations for the weekend, the bears were out in force in the dairy markets. Over the holiday...
- Mar 31
- 2 min
Our Time to Shine
The illustrated map below was part of a presentation given by state officials this week to bring attention to the tremendous...
- Mar 31
- 4 min
Milk, Dairy and Grain Market Commentary
For the last few weeks, the Cheddar markets have seemingly defied the odds. Despite plentiful milk supplies and only lukewarm demand...
- Mar 24
- 4 min
Milk, Dairy and Grain Market Commentary
Despite significant challenges, milk production continues to grow in the United States. USDA published its monthly Milk Production...
- Mar 17
- 4 min
Milk, Dairy and Grain Market Commentary
The official start of spring is right around the corner and milk volumes are responding accordingly. Output is steady to higher in most...
- Mar 10
- 4 min
Milk, Dairy and Grain Market Commentary
The spring flush is just getting started, but the nation is already drowning in milk. Dairy processors in the Central region were able...
- Mar 4
- 3 min
DWR Makes Initial SGMA Determinations
Eight and a half years after the passage of the Sustainable Groundwater Management Act, the California Department of Water Resources...
- Mar 3
- 4 min
Milk, Dairy and Grain Market Commentary
The dairy markets are reeling after a bruising week on LaSalle Street. March Class III milk eked out a 3ȼ gain, and November and...
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