DHM Numbers: Cow culling; replacement prices

A weekly look at dairy cow slaughter totals and a recap of Pennsylvania and Missouri dairy cattle auctions are summarized FULL STORY »

Thursday’s CME Dairy Market Recap

The Class III market was unimpressed by the 2¢ rise in cheddar blocks. A mild sell-off ensued, and Oct – Mar contracts settled 5¢ to 11¢ lower. FULL STORY »

Dairy markets: A mid-week pop to the upside

The mid-week pop to the upside marked the third consecutive higher close for the Class III market. Steady upticks in the cash cheese market have worked to keep prices buoyant above $2.00/lb. FULL STORY »

Wednesday's CME Dairy Market Recap

The support and convergence seen in Wednesday’s cash cheese market helped fuel a rally in Class III futures that stretched through the first half of next year. FULL STORY »

DHM Numbers: Feed, overhead costs pushed September COP up

Preliminary monthly total average dairy feed costs increased in September, pushing total milk production costs to their highest average since October 2013 FULL STORY »

Dairy markets: Block-barrel spread shrinks

The spot cheese market took center stage yesterday, narrowing the block-barrel spread to 9¢. Near-term domestic demand is keeping domestic prices above world prices. FULL STORY »

DHM Numbers: CWT export sales; California milk powder

CWT accepted 13 requests for export assistance to sell 5.735 million lbs. of cheddar cheese, 1.984 million lbs. of butter (82% milkfat) and 46,297 lbs. of whole milk powder. FULL STORY »

Tuesday’s CME Dairy Market Recap

Convergence between blocks and barrels brought some confidence back into class III, cheese, and whey. FULL STORY »

Dairy markets: Soybean meal pushed higher

After last week’s impulsive price decline, nearby Class III and Cheese futures markets posted a rally Monday on stability in both Block and Barrel markets. FULL STORY »

Monday's CME Dairy Market Recap

Ideas that relatively low inventories would spark commercial buyers to step in dominated price action and Class III contracts ticked higher. FULL STORY »

Dairy markets: Last week in review

Class III contracts ended Friday mixed, with a majority of the weakness in 4Q 2014 contracts after another bearish spot session. The 1Q 2015 futures pack averaged $17.30/cwt., down 36¢ from the previous week FULL STORY »

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