Class III lower despite higher CME spot cheese prices
One thing seems certain at this point, and that is technically the Class III market is overbought and it appeared throughout the day that futures wanted to move lower but were struggling to find a strong reason for doing so. FULL STORY »
Experts agree fat-free flavored milk is a healthy choice for children
For many children, flavored milk is a popular choice. However, flavored milk has come under fire lately as being a cause of childhood obesity and some schools are considering dropping the option of flavored milk. FULL STORY »
Dairy month starts on firm footing
Class III futures continued to steam ahead to the upside yesterday on heavy volume. More than 2,400 contracts traded hands as follow-through buying from Tuesday’s day session spilled overnight and continued well into the trade Wednesday. FULL STORY »
CME spot cheese continues to gain ground
We finally welcomed summer with open arms as temperature gauges posted highs in the 80s across much of the Midwest on Memorial Day. The holiday heat was in stark contrast to the mid-60 degree weather and flash-flooding rainstorms endured on Saturday and Sunday (1 to 2.5 inches from Southeast Iowa to Northeast Illinois). Summer weather is under way and that is positive for crop farmers here. FULL STORY »
Dairy profitability regresses to 2009 levels
Not since the terrible summer of 2009 has the U.S. Department of Agriculture’s milk-feed profitability ratio been this low. On Tuesday, the USDA announced that the preliminary ratio for May stood at 1.74. That’s the lowest the ratio has been since hitting 1.57 in July 2009. Most observers regard 2009 as the worst year in the dairy industry since the Great Depression. FULL STORY »
Block cheese closes at $1.7875
Thursday was more or less a day of trading consolidation for Class III. After opening with a slightly weak tone, the trade firmed up and closed modestly higher well into 2012 on a moderate volume of 1,334 contracts. FULL STORY »
Setting got milk? history, real teen girls will be milk mustache stars
Looking and feeling your best can inspire confidence and empower you to fulfill your dreams. FULL STORY »
First cheese sale at CME in a week
June was the only big Class III mover in futures price yesterday, having gained 36 cents alongside a spot cheese market that continued an aggressive move higher. The market is showing signs of believing cheese price will move higher by adding premium in June, but also showing its doubts of long-term sustainability by trading mixed beyond the month of June. FULL STORY »
Do you operate from myth or fact?
Research shows that, while motivating employees is extremely important to a majority of managers and supervisors, many operate from myth-based beliefs—and their businesses/companies may be suffering the consequences. FULL STORY »
Sunscreens: Is SPF 100 twice as good as SPF 50?
SPF refers to the ability of a sunscreen to block ultraviolet B (UVB) rays which cause sunburns but does not address UVA rays which are more closely linked to deeper skin damage. FULL STORY »
- Will tornado alley come alive this weekend?
- Ag markets proved rather volatile again Thursday
- DHM Markets/Marketers: Cow culling lags; Pennsylvania heifers
- Farm Bureau fights EPA, tells members to ‘ditch the rule’
- How are you using incentive programs on your farm?
- Food waste-to-energy converter introduced at UC Davis