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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


Crisis in California Water
It took me a while, but I finally got through all 122 pages of the court order, issued a few weeks ago by Federal District Court Judge...
Apr 1, 20225 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
Federal Milk Marketing Order Impact on the California Milk Price
The Federal Milk Marketing Order (FMMO) started in California on November 1, 2018, which means we have been operating under the FMMO...
Mar 11, 20221 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
The Logic Behind Federal Milk Marketing Order Pricing
There seems to be an uptick in complaining about Federal Milk Marketing Orders (FMMOs), with a fair amount of calling for “reform” of...
Feb 18, 20226 min read


Milk, Dairy and Grain Market Commentary
The dairy markets soared to historic heights early in the week. Butter and Cheddar reached all-time highs at the Global Dairy Trade...
Feb 18, 20224 min read
Who Wants to Think About Risk Management, Now?
It’s always a bit tricky as a dairyman trying to figure out how to manage risk – particularly on the milk income side. The current...
Feb 11, 20224 min read


Milk, Dairy and Grain Market Commentary
The dairy markets remained in flux this week as buyers and sellers jockeyed to exert their influence on the trade. Following a few...
Feb 11, 20224 min read


Milk, Dairy and Grain Market Commentary
As January faded into February, price strength persisted in the dairy markets this week. The phenomenon is certainly not limited to the...
Feb 9, 20224 min read


January 28, 2022 MPC Friday Report
While a lot of focus has been on the drought and its impact on water supplies in the Central Valley, there is another major water source...
Jan 28, 20225 min read


Milk, Dairy and Grain Market Commentary
Milk production continues to trail prior year levels according to USDA’s Milk Production report, released on Monday. December output...
Jan 28, 20224 min read


Keep an Eye on the Colorado River
While a lot of focus has been on the drought and its impact on water supplies in the Central Valley, there is another major water...
Jan 28, 20224 min read


January 21, 2022 MPC Friday Report
This April 12-14, join dairy farmers, industry leaders, world-renowned researchers, policymakers, global food and nutrition professionals...
Jan 21, 20222 min read


By the Numbers: Current Water Conditions
December was wet. So far, January is dry. The charts below show where we are. The Tulare Lake graph is relevant for the Southern Central...
Jan 14, 20221 min read


January 14, 2022 MPC Friday Report
December was wet. So far, January is dry. The charts below show where we are. The Tulare Lake graph is relevant for the Southern...
Jan 14, 20222 min read
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