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Milk, Dairy and Grain Market Commentary
The dairy markets are seeking a balance at prices that encourage greater milk output without killing demand. For several...
Oct 11, 20244 min read


Milk, Dairy and Grain Market Commentary
The dairy markets have once again proven the old trading adage that the best cure for high prices is high prices. After a spring...
Oct 4, 20244 min read


Milk, Dairy and Grain Market Commentary
After the fireworks of last week, the cheese markets have spent the past few days coming back to earth. Barrels distanced themselves...
Sep 27, 20244 min read
Subsidence Issues Cost Tule Subbasin Landowners & Farmers
The Tule Subbasin probationary hearing took place this past Tuesday, September 17 at the State Water Board in Sacramento. An article by...
Sep 20, 20242 min read


Milk, Dairy and Grain Market Commentary
U.S. milk output fell short of year-ago volumes for the 14th straight month in August. The deficit was narrow; production was just...
Sep 20, 20244 min read


Milk, Dairy and Grain Market Commentary
The dairy markets moved higher again as the trade grappled with structural barriers to expansion throughout the Northern Hemisphere.
Sep 13, 20244 min read


Formal CDFA Hearing Held on QIP Change Proposal
On September 9, there was a formal hearing held by the California Department of Food and Agriculture (CDFA) to receive information...
Sep 13, 20242 min read


Milk, Dairy and Grain Market Commentary
Tighter milk supplies and lower milk solids output have stiffened competition among dairy processors. While there are no obvious...
Sep 6, 20244 min read
Some Potential Positive News on the Waterfront
Two weeks ago, I wrote about a big water decision concerning a current endangered species act regulation that requires the release...
Sep 6, 20242 min read


Milk, Dairy and Grain Market Commentary
The bears went into hibernation a little early this year, and the bulls enjoyed raucous celebrations on LaSalle Street. Milk and...
Aug 30, 20243 min read


Milk, Dairy and Grain Market Commentary
U.S. milk output has trailed prior-year volumes for 13 straight months. In Wednesday’s Milk Production report, USDA slashed its...
Aug 23, 20244 min read
Big Water Decision Coming Up This Week
Over 350,000 acre-feet of stored northern California surface water is at stake in a decision that will be made by state and federal...
Aug 23, 20243 min read


Milk, Dairy and Grain Market Commentary
Like Katie Ledecky in a Paris pool, the dairy spot markets hit one milestone after another. But perhaps the pole vault and high jump...
Aug 16, 20244 min read


Public Forums on Quota Differential Change Wrap Up
The California Department of Food and Agriculture (CDFA) held three public forums in the past 10 days to explain the upcoming...
Aug 9, 20243 min read


Milk, Dairy and Grain Market Commentary
As summer enters its final stretch, milk production conditions have mostly returned to seasonal norms. Hot temperatures continue...
Aug 9, 20244 min read


Milk, Dairy and Grain Market Commentary
Feed is cheap and milk revenues are lofty. USDA announced the July Class III milk price at $19.79 per cwt. While that was 8ȼ lower than...
Aug 2, 20244 min read


Milk, Dairy and Grain Market Commentary
As befits the season, the dairy markets heated up this week. The trade is becoming increasingly concerned that milk will remain tight...
Jul 26, 20244 min read


Milk, Dairy and Grain Market Commentary
Dairy producers have just cashed a very big milk check, and they’re looking forward to similarly lucrative payments for the rest of...
Jul 19, 20244 min read


CDFA Announces Public Forums and Hearing Related to Proposed Changes to Quota Implementation Plan
As readers of this weekly report are well aware of, I have written extensively about the Quota Implementation Plan (QIP) since...
Jul 12, 20241 min read


USDA Publishes Federal Milk Marketing Order Hearing Decision
Back when California operated under a State Milk Marketing Order, milk price hearings were a regular occurrence. I can remember...
Jul 12, 20245 min read
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