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Milk, Dairy and Grain Market Commentary
  • May 6
  • 4 min

Milk, Dairy and Grain Market Commentary

For months, the dairy markets have focused on shrinking global milk output and barriers to rapid expansion. Tight supplies pushed...
Milk, Dairy and Grain Market Commentary
  • Apr 29
  • 4 min

Milk, Dairy and Grain Market Commentary

The dairy markets seem a bit befuddled. They moved this way and that without much conviction this week. Prices are historically...
Milk, Dairy and Grain Market Commentary
  • Apr 22
  • 4 min

Milk, Dairy and Grain Market Commentary

Spring has arrived, and the dairy markets swooned accordingly. Milk powder was especially weak. At Tuesday’s...
Drilling Down: What the Governor’s Drought Executive Order Means for New Well Construction
  • Apr 15
  • 2 min

Drilling Down: What the Governor’s Drought Executive Order Means for New Well Construction

Last week, we sent an e-blast to our members of an article published on Water Wrights providing a great overview of Governor...
Milk, Dairy and Grain Market Commentary
  • Apr 15
  • 4 min

Milk, Dairy and Grain Market Commentary

Up and up and up again. CME spot Cheddar barrels gained another 7.25ȼ this week and reached $2.44 per pound. That’s the highest price...
New Report & Calculator Quantifies Water Consumption on California Dairy Farms
  • Apr 8
  • 1 min

New Report & Calculator Quantifies Water Consumption on California Dairy Farms

A very important paper was released this week outlining a dairy facility's water consumption. This is a particularly important paper...
Milk, Dairy and Grain Market Commentary
  • Apr 8
  • 4 min

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...
Crisis in California Water
  • Apr 1
  • 5 min

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...
Milk, Dairy and Grain Market Commentary
  • Apr 1
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Mar 25
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Mar 18
  • 4 min

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 11
  • 1 min

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...
Milk, Dairy and Grain Market Commentary
  • Mar 11
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Mar 4
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Feb 25
  • 4 min

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 18
  • 6 min

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...
Milk, Dairy and Grain Market Commentary
  • Feb 18
  • 4 min

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 11
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Feb 11
  • 4 min

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...
Milk, Dairy and Grain Market Commentary
  • Feb 9
  • 4 min

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...
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