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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 8, 20224 min read


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!
Jul 1, 20224 min read


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 24, 20224 min read


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 17, 20223 min read


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 10, 20223 min read


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...
Jun 3, 20224 min read


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 27, 20224 min read


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...
May 20, 20224 min read


Milk, Dairy and Grain Market Commentary
The dairy markets are still concerned about demand. Global milk output is growing slowly, if at all, and dairy product inventories are...
May 13, 20224 min read


Milk, Dairy and Grain Market Commentary
For months, the dairy markets have focused on shrinking global milk output and barriers to rapid expansion. Tight supplies pushed...
May 6, 20224 min read


Milk, Dairy and Grain Market Commentary
The dairy markets seem a bit befuddled. They moved this way and that without much conviction this week. Prices are historically...
Apr 29, 20224 min read


Milk, Dairy and Grain Market Commentary
Spring has arrived, and the dairy markets swooned accordingly. Milk powder was especially weak. At Tuesday’s...
Apr 22, 20224 min read


Milk, Dairy and Grain Market Commentary
Up and up and up again. CME spot Cheddar barrels gained another 7.25ȼ this week and reached $2.44 per pound. That’s the highest price...
Apr 15, 20224 min read


Milk, Dairy and Grain Market Commentary
With the Easter holiday around the corner and students enjoying vacations, spring appears to have sprung. Milk production is...
Apr 8, 20224 min read


Milk, Dairy and Grain Market Commentary
The dairy markets are getting accustomed to the altitude. Last week, Q2 Class III contracts summited briefly above $25/cwt., while Q3...
Apr 1, 20224 min read


Milk, Dairy and Grain Market Commentary
Rising costs and waning milk output pushed the U.S. dairy markets higher once again this week. Cheese led the way. CME spot Cheddar...
Mar 25, 20224 min read


Milk, Dairy and Grain Market Commentary
The commodity markets were unsettled this week as supply concerns, demand signals, and geopolitical conflict jockeyed for influence...
Mar 18, 20224 min read


Milk, Dairy and Grain Market Commentary
The commodity boom continues to thunder through the feed and dairy markets. Once again, the storm roared loudest in the wheat pits...
Mar 11, 20224 min read


Milk, Dairy and Grain Market Commentary
Russia intensified its brutal attacks in Ukraine, and feed and energy prices soared. Crude oil closed today at $115.68 per...
Mar 4, 20224 min read


Milk, Dairy and Grain Market Commentary
Global milk output is shrinking, and the deficits are getting bigger. In December, milk production among the world’s five largest...
Feb 25, 20224 min read
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