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 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 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
- 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 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
- 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 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...
- Feb 24
- 4 min
Milk, Dairy and Grain Market Commentary
Rested up after a long weekend, the cheese markets came charging out of the gates. CME spot Cheddar blocks leapt 8ȼ on Tuesday.
- Feb 17
- 4 min
Milk, Dairy and Grain Market Commentary
Activity at the spot market in Chicago was mixed this week as prices moved modestly up and down, testing new boundaries.
- Feb 10
- 4 min
Milk, Dairy and Grain Market Commentary
Milk is abundant and trading at steep discounts in the cheese states. For the seventh straight week, cheesemakers in the Upper...
- Feb 3
- 4 min
Milk, Dairy and Grain Market Commentary
The dairy markets have digested a lot of bad news over the past few months. A renewed focus on economic and demographic slowdown in...
- Jan 27
- 4 min
Milk, Dairy and Grain Market Commentary
U.S. milk output was not as strong as anticipated in December. Clocking in at 18.9 billion pounds, it was just 0.8% higher than...
- Jan 20
- 4 min
Milk, Dairy and Grain Market Commentary
The bears were out in force this week, pressuring the dairy markets to new lows as supplies accumulated and global demand prospects dimmed.
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