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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 8, 20245 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...
Nov 1, 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 26, 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 18, 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 11, 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...
Oct 4, 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 27, 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 20, 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 13, 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...
Sep 6, 20244 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 30, 20243 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 23, 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...
Aug 16, 20244 min read


Milk, Dairy and Grain Market Commentary
As summer enters its final stretch, milk production conditions have mostly returned to seasonal norms. Hot temperatures continue...
Aug 9, 20244 min read


Milk, Dairy and Grain Market Commentary
Feed is cheap and milk revenues are lofty. USDA announced the July Class III milk price at $19.79 per cwt. While that was 8ȼ lower than...
Aug 2, 20244 min read


Milk, Dairy and Grain Market Commentary
As befits the season, the dairy markets heated up this week. The trade is becoming increasingly concerned that milk will remain tight...
Jul 26, 20244 min read


Milk, Dairy and Grain Market Commentary
Dairy producers have just cashed a very big milk check, and they’re looking forward to similarly lucrative payments for the rest of...
Jul 19, 20244 min read


Milk, Dairy and Grain Market Commentary
Soaring temperatures and suffocating humidity are challenging milk production in many parts of the country. As the mercury...
Jul 12, 20244 min read


Milk, Dairy and Grain Market Commentary
Cheese stocks typically grow throughout the spring, as the flush pushes more cheap milk to cheese processors, and demand ebbs. But this...
Jun 28, 20244 min read


Milk, Dairy and Grain Market Commentary
Dairy producers did everything they could to keep their barns full last month after milk prices soared. They paid $3,000 or more...
Jun 21, 20244 min read
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