Class III firms on stable cheese markets
Class III prices firmed modestly during Tuesday’s session as prices reluctantly reconcile with continued stability in the CME spot cheese markets. FULL STORY »
CME spot prices supported, but mostly quiet Monday
Class III activity was moderate Monday with 767 contracts traded. While prices started off the morning mostly lower, Class III futures from June through October jumped after spot session which saw blocks hold steady at 2.11, while barrels were bid up ¼ cent. FULL STORY »
Market worry seems to be waning
Class III activity was very light Friday to end an active week. With just a lone offer in the blocks, and the spot markets each closing unchanged, futures seemed to lack much of a direction. FULL STORY »
Cheese shaking loose at CME?
Yesterday’s trading activity felt very light despite a total of 1,195 trades. The fact that July accounted for nearly half of the total volume with 490 trades likely accounts for that feeling of a quiet trade. FULL STORY »
Commentary: Are we our own problem?
As I was searching the internet this week, I came across a blog post by Food Mommy. The post was titled: Agriculture’s worst enemies may be farmers. I had never run across this particular blogger before and the title piqued my interest as I have this same thought quite frequently. FULL STORY »
Poll: Do you like the new MyPlate nutrition visual?
- Not sure
- Haven't seen it
FULL STORY »
Spot market buoyed Class III on Wednesday
With the newly arrived sharp discount between the spot and futures markets, Class III contracts opened slightly higher yesterday and traded steady to 25 higher into the spot session. When both blocks and barrels moved up on bids alone futures seemingly had little choice but to follow along. The rally once again suffered from a softer butter market but futures were still able to post gains of 10 to 45 cents through the 2011 months as volume was once again strong with 1,706 contracts traded. FULL STORY »
Dairy Research Institute receives $1.1 million conservation grant
U.S. Agriculture Secretary Tom Vilsack today announced a $1.1 million Conservation Innovation Grant (CIG) to the Dairy Research Institute™ (formerly known as Dairy Science Institute, Inc.), an affiliate of the Innovation Center for U.S. Dairy®. The funding will support the development of a Dairy Farm Stewardship Toolkit for dairy producers to evaluate their production techniques and identify potential improvements in management practices. These improvements could increase profitability or reduce costs on the farm. FULL STORY »
Will someone catch the ball and run with it?
They punted. There is really no other way to describe what happened on May 4 when the National Conference on Interstate Milk Shipments turned down a proposal to improve the somatic cell standard for milk in the United States. FULL STORY »