Milk, Dairy and Grain Market Commentary
Football season is in full swing, and fans are enjoying their favorite game with a feast of queso and nachos. Demand for fresh...
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- Sep 23
- 4 min
Milk, Dairy and Grain Market Commentary
U.S. milk output grew decisively last month, at least in comparison to the very low production reported in August 2021.
- Sep 16
- 4 min
Milk, Dairy and Grain Market Commentary
Butter conquered unexplored elevations this week, and it made the trek look easy. On Tuesday CME spot butter jumped 7ȼ to $3.24 per...
- Sep 9
- 4 min
Milk, Dairy and Grain Market Commentary
The butter market leapt to an all-time high Wednesday and just kept climbing. CME spot butter closed today at $3.17 per pound, up 6.5ȼ...
- Sep 2
- 3 min
Milk, Dairy and Grain Market Commentary
The bulls remain in charge in the butter pit. CME spot butter added another 1.75ȼ this week and reached $3.10 per pound, tied for the...
- Aug 26
- 4 min
Milk, Dairy and Grain Market Commentary
utter buyers are anxious. There were just 314.4 million pounds of butter in cold storage at the end of July, 5.4% less than a year ago...
- Aug 19
- 4 min
Milk, Dairy and Grain Market Commentary
Market observers are paying close attention to an evolving global milk production scenario as many key supply regions witnessed a...
- Aug 12
- 4 min
Milk, Dairy and Grain Market Commentary
On the heels of persistent declines, most products at the CME managed to stop the slide this week. While some modest increases suggest...
- Aug 5
- 4 min
Milk, Dairy and Grain Market Commentary
Slowing global milk output is making room for American dairy. The United States sent a record-setting volume of dairy products abroad...
- Jul 29
- 4 min
Milk, Dairy and Grain Market Commentary
The bulls and bears squared off in Chicago this week, and the dairy markets lurched this way and that as the two sides fought for control.
- Jul 22
- 4 min
Milk, Dairy and Grain Market Commentary
The streak is over. After seven months in the red, U.S. milk production exceeded year-ago volumes in June, topping June 2021 by 0.2%.
- Jul 15
- 4 min
Milk, Dairy and Grain Market Commentary
The commodity markets reeled this week, battered by growing anxiety about the global economy. The headlines packed one punch after another.
- Jul 8
- 4 min
Milk, Dairy and Grain Market Commentary
The bears were out in full force during this holiday-shortened week. Prices for dairy commodities moved lower both at home and abroad as...
- Jul 1
- 4 min
Milk, Dairy and Grain Market Commentary
The spot markets sizzled in Chicago this week, but the futures fizzled. CME spot butter leapt 9.5ȼ to $3.01 per pound. Cue the fireworks!
- Jun 24
- 4 min
Milk, Dairy and Grain Market Commentary
Red ink flowed on LaSalle Street this week as the trade reckoned with the fact that, although milk production continues to...
- Jun 17
- 3 min
Milk, Dairy and Grain Market Commentary
The European dairy industry is shrinking noticeably. Eurostat estimates there were 20.2 million dairy cows in the EU-27 last...
- Jun 10
- 3 min
Milk, Dairy and Grain Market Commentary
The butter market sprinted uphill and reached $3 this week for the first time since 2015. Buyers bought 19 loads of butter in Chicago...
- Jun 3
- 4 min
Milk, Dairy and Grain Market Commentary
From Canberra to Chicago, and Wellington to Warsaw, milk output continues to underwhelm. After slight growth in February, European...
- May 27
- 4 min
Milk, Dairy and Grain Market Commentary
The mercury is rising in the Southwest, and the cows in Texas, New Mexico, and Arizona are suffering in triple digit temperatures. But...
- May 20
- 4 min
Milk, Dairy and Grain Market Commentary
The dairy markets continue to wrestle with the invisible hand, seeking an equilibrium between tight supplies and waning demand. As...