Commentary

Dairy markets: Spot butter dips below $2/lb.

Class III futures opened slightly lower and traded quietly before rallying into a better spot cheese market. FULL STORY »

Wednesday's CME Dairy Market Recap

The dairy complex was very quiet on Wednesday. Class III futures shrugged off the rise in the spot cheese market by settling mixed in the fourth quarter and slightly lower in the first half of 2015. FULL STORY »

DHM Numbers: Dairy CPI mostly higher in September

Monthly dairy CPI, weekly US and California dairy product prices, ethanol/corn use and regional dairy replacement auction reports are summarized. FULL STORY »

November Class I base lower; Cold Storage report mixed

The November 2014 FMMO Class I base milk price is $24.06/cwt. USDA’s September Cold Storage report contained mixed news. FULL STORY »

Dairy markets: Block-barrel price spread a new record

Class III futures absorbed the reported 4% increase in milk production with relative ease yesterday, closing mixed. On the spot market, Barrel cheese declined, widening the spread with Blocks to 29.25¢, a new record. FULL STORY »

Tuesday’s CME Dairy Market Recap

Tuesday was a tightly bound trading day in Class III futures. Contracts settled slightly lower in the first half of 2015. FULL STORY »

‘Protecting Your Profits’, MPP-Dairy conference calls scheduled

The Center for Dairy Excellence will host the next “Protecting Your Profits” conference call on Oct. 29. Special MPP-Dairy webinar/conference calls are planned on Nov. 12, 13, 19 and 20 FULL STORY »

Dairy markets: 2015 Class III futures get a small boost

1H 2015 Class III futures contracts got a much-needed boost, gaining 12¢ on the day to settle at $17.40/cwt. for the pack. FULL STORY »

September U.S. milk production up 4%

Nationally, September 2014 milk production was estimated at 16.472 billion lbs., up 4.0% from September 2013, according to USDA’s monthly report. FULL STORY »

Monday's CME Dairy Market Recap

Cheddar blocks and barrels were bid up in tandem Monday, settling 3.75 cents higher in both markets. The Class III market saw a soft rally. FULL STORY »

DHM Numbers: October margins tightened a little

Dairy margins generally weakened since the end of September, as a combination of higher feed costs and lower milk prices reduced forward profitability projections, according to the latest CIH Margin Watch report. FULL STORY »

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T5 Electro Command™

New Holland has further extended the T5 Series appeal to livestock producers with the addition of the Electro Command™ semi-powershift transmission. Two ... Read More

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