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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.
Jan 20, 20234 min read


Milk, Dairy and Grain Market Commentary
The cheese markets came charging out of the gates on Monday. CME spot Cheddar blocks leapt 14.25ȼ, and barrels added a dime. The strong...
Jan 13, 20234 min read


Milk, Dairy and Grain Market Commentary
The holiday hangover hit hard this year. The cheese markets got off to a particularly rough start, with big losses both Tuesday...
Jan 7, 20234 min read


Milk, Dairy and Grain Market Commentary
In a year full of drama, the butter market was a sensation all its own. It began the year at a relatively lofty height, suffered a...
Dec 30, 20224 min read


Milk, Dairy and Grain Market Commentary
Like a sack of gifts down a chimney flue, the cheese markets landed with a thud. CME spot Cheddar blocks dropped 11.75ȼ to $1.9775 per...
Dec 16, 20223 min read


Milk, Dairy and Grain Market Commentary
The dairy markets are in transition. The factors that propelled milk prices above $25 per cwt. this summer – a sustained global milk...
Dec 9, 20224 min read


Milk, Dairy and Grain Market Commentary
As befits the season, the dairy markets had a lot to digest over the past two weeks. They headed into the Thanksgiving weekend with a...
Dec 2, 20224 min read


Milk, Dairy and Grain Market Commentary
After sprinting straight uphill last week, the dairy markets paused to catch their breath and, in some cases, to retreat to less...
Nov 18, 20224 min read


Milk, Dairy and Grain Market Commentary
The bulls are back in town. Class III milk futures leapt to their highest values in a month or more, and Class IV contracts staged...
Nov 11, 20224 min read


Milk, Dairy and Grain Market Commentary
Sky-high prices scared away buyers, and the CME spot butter market plummeted on Halloween, dropping below $3 per pound for the first...
Nov 4, 20224 min read


Milk, Dairy and Grain Market Commentary
Global milk output has been in decline for a full year, muffling anxieties about the impact of sky-high dairy prices and a strong...
Oct 28, 20224 min read


Milk, Dairy and Grain Market Commentary
U.S. dairy producers forged ahead in September, posting increases in milk production for the third consecutive month. Totaling...
Oct 21, 20224 min read


Milk, Dairy and Grain Market Commentary
Another sizzling inflation report from the Bureau of Labor Statistics suggests that U.S. consumers are feeling pinched from all sides...
Oct 14, 20224 min read


Milk, Dairy and Grain Market Commentary
The butter market has outdone itself once again. On Wednesday it climbed to $3.24 per pound, matching the all-time high set in September.
Oct 7, 20224 min read


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...
Sep 30, 20224 min read


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 23, 20224 min read


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 16, 20224 min read


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 9, 20224 min read


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...
Sep 2, 20223 min read


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 26, 20224 min read
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