DHM Markets/Marketers: Cheese dips below $2

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Cheese dips below $2

Daily CME Cash Trading

on Tuesday, May 13, 2014

 

 

 

Daily

 

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Change

 

($/lb.)

(¢/lb.)

Cheddar barrels

1.9600

-6.00

Cheddar blocks

1.9975

-4.75

NFDM Grade A

1.7800

n.c.

Butter Grade AA

2.1750

+0.75

 

CWT assists with 2.8 million lbs. of cheese, butter, WMP export sales

Cooperatives Working Together (CWT) accepted 11 requests for export assistance to sell 1.166 million lbs. of cheddar cheese, 551,156 lbs. of 82% butter and 1.047 million lbs. of whole milk powder (WMP). The bids were accepted from CWT member cooperatives Dairy Farmers of America, Foremost Farms, Michigan Milk Producers Association, Northwest Dairy Association (Darigold) and Tillamook County Creamery Association.

The product will be delivered May through November 2014 to customers in Asia, Africa, Central America, the Middle East and South America.

Year-to-date, CWT has assisted member cooperatives in selling 51.535 million lbs. of cheese, 42.647 million lbs. of butter and 8.856 million lbs. of WMP to 35 countries on six continents. These sales are the equivalent of 1.492 billion lbs. of milk on a milkfat basis.

 

Horse slaughter legislation expected to see increased attention

The temporary ban on horse slaughter facilities included in the FY2014 omnibus appropriations bill is set to expire on Sept. 30, 2014, according to Dudley W Hoskins, Public Policy Counsel with the National Association of State Departments of Agriculture. Currently, USDA inspectors are prohibited from using funds to inspect horse meat for human consumption. There are two pending bills (S. 541, H.R. 1094), which would permanently ban U.S. horse slaughter facilities as well as interstate or foreign sales of horses for human consumption.

Source: National Association of State Departments of Agriculture

 

Missouri Producers Auction Yards

Dairy replacement sales results from Norwood, Mo. on May 9:

Demand was good. Supply was moderate. Prices are for Holsteins on a per head basis.

 

Springer heifers bred seven to nine months:

Supreme – 1875-2100

Approved – 1400-1775; Crossbreds 1400-1500

Medium – 1150-1375; Crossbreds 1040-1200 

 

Heifers bred four to six months:

Supreme – 1725-2125

Approved – 1175-1675, Crossbreds – 1200 -1450

 

Heifers bred one to three months:

Supreme – Indiv 1400; Jerseys 1200-1375

Approved – Indiv 1050; Crossbreds 1150-1275

 

Open heifers:

Approved

200-300 lbs. 425-575; Jerseys – 450-590.

300-400 lbs. 550-650, lot of 28 at 300 lbs. – 695; Jerseys – 525-610; lot of 7 Milking Shorthorns at 336 lbs. – 535

400-500 lbs. – 675 - 800; lot of 5 Milking Shorthorns at 443 lbs. – 630

500-600 lbs.  – 885-970; lot of 5 Jerseys at 588 lbs. – 870; lot of 4 Milking Shorthorns at 558 lbs. – 660

600-700 lbs. – 1125 , Crossbreds – 810-940

700-800 lbs.  – 1160; lot of 4 Crossbreds at 771 lbs.– 1100

 

Fresh and open milking cows:

Supreme –  Indiv 1750

Approved – 1475-1575 

Medium  – 1025-1350; Crossbreds – 1110-1300; Milking Shorthorns – 1100-1350

 

Bred and springer cows:

Medium – Indiv. Jersey 1270 , Indiv. Crossbred 1375; Milking Shorthorns – 1040-1285  

 

Baby calves:

Holstein heifers – 230-250

Crossbred heifers – 300 470, small 185-290



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