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...
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- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...