Commentary: What is the next big 'food revolution'?
Food has had a powerful influence on world history. It’s exciting to think what the next chapter will be. FULL STORY »
Class III bounces on spot bids and butter barn burner
Another thousand-plus trading session and this time encouraged by a strong sport session, prices once again continued their rally. Monday we saw the nervousness of buyers, selling at the concern cheese didn’t rally enough. Yesterday we saw their conviction. FULL STORY »
Class III turns lower, butter heads skyward
After opening sharply higher on heavy volume Sunday night, the Class III rally that posted new contract highs from June 2011 through March 2012 failed by mid-day Monday after uncertainty of Chicago Mercantile Exchange cash session activity gave way to only modest gains. The CME spot market was all bark and no bite as bids raised the price of blocks and barrels up .50 and .25, respectively. That was not enough support to warrant the kind of gains we saw in the overnight futures session and with that both speculative and producer selling ensued. Prices retreated from their fresh highs closing +.01 to -.18 cents in 2011 on a more moderate 1,214 contract volume. FULL STORY »
Class III rally leaves spot prices behind
There was a lot of volatility on class III futures during Friday’s session but the movement was all up, with prices higher on the day. Huge volume traded with 2,500 contracts on the day; prices were sharply higher throughout the morning with July at one point trading 64 higher to 19.00 before pulling back into the spot session with prices 10 to 30 higher. After spot traded up through 1.70 and closed with no trades and no offers for a short time it looked as though prices would hold their pre spot levels but steady buying throughout the remainder of the session pushed prices with 21- to 60-cent gains from June through November. FULL STORY »
Study shows high dairy intake won’t add to risk of heart disease
A recent study at Brown University shows a diet rich with milk, cheese and butter products do not increase risk of heart disease despite high saturated fat and some nutrients in dairy products even prevent heart disease. FULL STORY »
Why is the vitamin D in dairy important?
Vitamin D is one of those wonderful things we have that can make such a difference in a person's life. Unfortunately most people have low vitamin D levels because they don't have enough dairy in their diet. FULL STORY »
Milk production report holds little for the “bears”
Class III price was mixed early, but ultimately moving higher along with commodity wide price gains seemingly finding good support when grain futures opened up some 15 to 20 cents stronger yesterday morning. Volume was heavy throughout the day as prices maintained their strength, but were reluctant to add any further premium after the spot markets closed higher on bids. FULL STORY »
Corn exports soar 94 percent higher
The USDA released the latest corn export data on May 19. According to the report, corn export net sales were at 843,200 MT, which is a 94 percent increase from last week and up noticeably from the four-week average. FULL STORY »