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11 hours ago4 min read
Milk, Dairy and Grain Market Commentary
The dairy markets are adjusting to the post-Christmas routine. Traders are back at their desks, and milk bottlers are running full throttle.
Jan 34 min read
Milk, Dairy and Grain Market Commentary
As the new year unfurls before us, dairy producers and other industry stakeholders are preparing for the opportunities and challenges...
Dec 20, 20244 min read
Milk, Dairy and Grain Market Commentary
Bah! Humbug. California dairy producers are likely expressing their frustration with more colorful – but less festive – epithets as the...
Dec 13, 20244 min read
Milk, Dairy and Grain Market Commentary
Class III futures bounced back bigtime this week, led by another strong performance in the whey market. CME spot whey powder rallied...
Dec 8, 20243 min read
Milk, Dairy and Grain Market Commentary
The dairy markets had a lot of data to digest along with their turkey. While Americans topped their mashed potatoes and slathered...
Nov 22, 20244 min read
Milk, Dairy and Grain Market Commentary
Never doubt the power of the profit motive in a free market. In the face of a devastating virus and a systemic heifer...
Nov 16, 20243 min read
Milk, Dairy and Grain Market Commentary
Soaring temperatures, summer shortages, and sky-high prices are out of season as the cheese and butter markets hunker down for the winter.
Nov 8, 20245 min read
Milk, Dairy and Grain Market Commentary
The cheese markets took another big step back this week. CME spot Cheddar blocks plummeted 11.75ȼ and closed at $1.72 per pound,...
Nov 1, 20244 min read
Milk, Dairy and Grain Market Commentary
It was an eerily quiet week on LaSalle Street, with no major reports for the dairy markets to digest. So, the trade ruminated on some...
Oct 26, 20244 min read
Milk, Dairy and Grain Market Commentary
Dairy market analysts got a surprise this week when USDA released its Milk Production report on Monday with stronger than expected results.
Oct 18, 20244 min read
Milk, Dairy and Grain Market Commentary
The dairy markets bounced this week, rejecting the notion that lower prices will be necessary to balance supply and demand. After the...
Oct 11, 20244 min read
Milk, Dairy and Grain Market Commentary
The dairy markets are seeking a balance at prices that encourage greater milk output without killing demand. For several...
Oct 4, 20244 min read
Milk, Dairy and Grain Market Commentary
The dairy markets have once again proven the old trading adage that the best cure for high prices is high prices. After a spring...
Sep 27, 20244 min read
Milk, Dairy and Grain Market Commentary
After the fireworks of last week, the cheese markets have spent the past few days coming back to earth. Barrels distanced themselves...
Sep 20, 20244 min read
Milk, Dairy and Grain Market Commentary
U.S. milk output fell short of year-ago volumes for the 14th straight month in August. The deficit was narrow; production was just...
Sep 13, 20244 min read
Milk, Dairy and Grain Market Commentary
The dairy markets moved higher again as the trade grappled with structural barriers to expansion throughout the Northern Hemisphere.
Sep 6, 20244 min read
Milk, Dairy and Grain Market Commentary
Tighter milk supplies and lower milk solids output have stiffened competition among dairy processors. While there are no obvious...
Aug 30, 20243 min read
Milk, Dairy and Grain Market Commentary
The bears went into hibernation a little early this year, and the bulls enjoyed raucous celebrations on LaSalle Street. Milk and...
Aug 23, 20244 min read
Milk, Dairy and Grain Market Commentary
U.S. milk output has trailed prior-year volumes for 13 straight months. In Wednesday’s Milk Production report, USDA slashed its...
Aug 16, 20244 min read
Milk, Dairy and Grain Market Commentary
Like Katie Ledecky in a Paris pool, the dairy spot markets hit one milestone after another. But perhaps the pole vault and high jump...
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