Commentary

Monday's CME Dairy Market Recap

It was quiet, but Class III futures pushed higher through the end of the year following another supportive spot cheese market. FULL STORY »

Corn prices hinge on consumption prospects

The typical corn price pattern in a large crop year is for cash prices to reach a low near harvest, and then to increase modestly as the marketing year progresses. Such a pattern is dependent on corn consumption increasing in response to low prices. Early indications are for such a pattern to unfold this year. FULL STORY »

Dean: Unprecedented challenges

Dean Foods Company announced weaker second quarter 2014 financial results – and took the unique step of pulling back on any longer-term financial forecasts. FULL STORY »

Dairy markets: Last week in review

It was an up-and-down week for Class III futures, as a busy week of reports and spot cheese movement pulled the market in all kinds of directions. FULL STORY »

Friday's CME Dairy Market Recap

Front month Class III contracts traded lower Friday as Sept – Dec contracts settled 8 to 22 cents lower. Futures were mixed in 2015, settling between 5 cents lower and 10 cents higher with no particular trends. FULL STORY »

DHM Numbers: California Class 1 prices up; May fluid sales not

California’s September Class 1 price for the North is $25.39/cwt., with the South price at $25.66/cwt. May 2014 packaged fluid milk sales totaled 4.20 billion lbs., down 3.5% from the year before. FULL STORY »

Dairy markets: Last year, in reverse

Both cheese and Class III futures markets saw prices rally in nearby months, but fall in back months. FULL STORY »

Thursday’s CME Dairy Market Recap

A strong cash cheese market continued to provide support for Class III futures Thursday. FULL STORY »

DHM Numbers: Cow culling, replacement auctions and more

Today's post highlights weekly dairy cow culling, monthly hay exports, and updates on regional dairy cattle replacement and hay auctions. FULL STORY »

June exports paced by milk powders, cheese

U.S. nonfat dry milk/skim milk powder (NDM/SMP) exports reached record levels in June, topping 60,000 tons for the second straight month FULL STORY »

FAO July dairy price index down

Global food prices declined in July 2014, with dairy prices helping lead the way, according to the latest United Nations’ Food and Agriculture Organization (FAO) Food Price Index. FULL STORY »

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