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Milk, Dairy and Grain Market Commentary
Dairy producers are getting pummeled, and the bruises are starting to show. In California and the Southwest, where feed costs are...
Aug 4, 20235 min read


Milk, Dairy and Grain Market Commentary
The dairy markets are still feeling that summer sizzle. Cheese and butter prices both jumped once again this week. CME spot Cheddar...
Jul 28, 20233 min read


Milk, Dairy and Grain Market Commentary
Like the mercury in Phoenix, the dairy markets just kept climbing this week. The heat wave began in the most unlikely of places.
Jul 21, 20234 min read


SGMA Inadequate Subbasins Update
There is intense activity going on right now in the Groundwater Sustainability Agencies (GSAs) whose plans were deemed “inadequate” by...
Jul 20, 20236 min read


Milk, Dairy and Grain Market Commentary
The dairy markets bounced off the bottom this week, hinting that prices may have finally fallen far enough to stimulate demand.
Jul 14, 20234 min read
A First for Dairy Margin Coverage
The Dairy Margin Coverage (DMC) Program is the basic safety net USDA provides for America’s dairy farmers. It is structured to...
Jul 7, 20232 min read


Milk, Dairy and Grain Market Commentary
There were plenty of fireworks in the dairy markets during the holiday shortened week. Dairy commodity prices continue to flounder under...
Jul 7, 20234 min read


Near-term Actions to Capture Diversions, Recharge Groundwater
Paul Gosselin, the Department of Water Resources (DWR) official in charge of implementing SGMA for the state, recently held a webinar...
Jun 30, 20231 min read


Milk, Dairy and Grain Market Commentary
The Class III complex came under significant pressure this week as the realities of current market conditions set in. In particular...
Jun 30, 20234 min read


Milk, Dairy and Grain Market Commentary
Milk gushed in the Midwest in May. Compared to the year before, output grew 6.2% in South Dakota, 2.6% in Iowa, 2.5% in Minnesota...
Jun 23, 20235 min read


Milk, Dairy and Grain Market Commentary
The long-awaited rains have disappointed so far. A weekend drizzle and sporadic showers over the past few days have not added up to...
Jun 16, 20234 min read


Milk, Dairy and Grain Market Commentary
Dairy producers are bracing themselves for a very small May milk check. The futures promise meager revenues for June and July as well.
Jun 9, 20234 min read


The Path Forward for the Sustainable Groundwater Management Act
The legislation that launched the state’s comprehensive regulation of groundwater, commonly known as SGMA, was passed in 2014. One of...
Jun 9, 20233 min read


Milk, Dairy and Grain Market Commentary
There is simply too much cheese. USDA’s Dairy Market News reports that cheese production schedules are “steady to stronger” and, for...
Jun 2, 20234 min read


Milk, Dairy and Grain Market Commentary
The Class III markets have tumbled for nearly six months. But there are signs that they have finally reached the valley floor. CME spot...
May 26, 20234 min read
The Producer Review Board had a Meeting
On May 25, ten members of the Producer Review Board (PRB) got together with California Department of Food and Agriculture (CDFA) staff...
May 26, 20234 min read


Milk, Dairy and Grain Market Commentary
The dairy markets dropped again, and whey led the way lower. CME spot whey powder fell 3.75ȼ to 26.5ȼ per pound. Spot whey has traded...
May 19, 20233 min read


Colorado River Update
The precipitation this winter has significantly increased the anticipated inflow to the Colorado River system, particularly into Lake...
May 19, 20231 min read


Milk, Dairy and Grain Market Commentary
The bears prowled LaSalle Street this week, and the bulls were nowhere to be found. Spot dairy product values slumped, and milk futures...
May 12, 20234 min read
Finally, an FMMO Petition from the National Milk Producers Federation
When California joined the Federal Milk Marketing Order (FMMO) program in November of 2018, it was widely believed that an update of...
May 5, 20233 min read
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