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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


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 19, 20224 min read


Governor Newsom Makes a Big Water Announcement
As regular readers of this newsletter know, Milk Producers Council was a strong supporter of the More Water Now initiative effort...
Aug 12, 20222 min read


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 12, 20224 min read


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...
Aug 5, 20224 min read


Weekend Water Reading List
There is a lot happening on water right now. What follows is a list of relevant water articles I have read this week. I share them...
Jul 29, 20223 min read


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 29, 20224 min read


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 22, 20224 min read


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 15, 20224 min read


MPC Provides Testimony on Dairy Safety Net Programs, FMMOs at Farm Bill Listening Session
Yesterday, Representative Jim Costa (D-16) hosted a listening session...
Jul 8, 20225 min read


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


Water Blueprint Hosts CDFA Secretary, State Water Resources Control Board, DWR Leaders
The Water Blueprint for the San Joaquin Valley serves as the united voice to champion water resource policies and projects to...
Jul 1, 20222 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


Madera County GSA – A Split Decision on a Big Fee
The Madera County Groundwater Sustainability Agency (GSA) represents the groundwater-only portion of two critically overdrafted...
Jun 24, 20222 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


Water…It’s Complicated
In a dry year like this one, when there is not enough water to go around, who gets what and why is very complicated. The Friant...
Jun 10, 20222 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
Producer Review Board Update
The Producer Review Board (PRB) met this week for the first time since August of 2020. There were a number of business items that...
Jun 10, 20222 min read
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