Commentary

Dairy co-ops’ milk volume up, but market share down slightly

U.S. dairy cooperative members marketed more than 160 billion lbs. of milk in 2012, maintaining a dominant, but slightly lower market share for co-ops during the five-year period between 2007 and 2012. FULL STORY »

DHM Markets/Marketers: Cheese dips below $2

Today's post looks at CME daily closing prices, CWT's weekly export assistance bids, a replacement auction in Missouri, and more. FULL STORY »

Second guessing USDA corn projections

USDA's World Ag Supply & Demand Estimates (WASDE) report released on May 9 contained updated projections for consumption of U.S. corn during the current marketing year and updated production and consumption projections for the 2014-15 marketing year. The favorite sport of market analysts is to second guess those projections. FULL STORY »

Dairy markets: In search of market news

Block and Barrel markets were silent during the spot session. Class III futures finished Monday’s session mixed, but mostly higher. FULL STORY »

DHM Markets/Marketers: Replacements, hay auctions recapped

Today’s post reviews last Friday's dairy replacement auction in Turlock, Calif., and recaps hay sales in the Upper Midwest. FULL STORY »

Dairy markets: Mostly bearish ending to last week

Class III futures closed out the week’s trade with a bearish performance. The May through December 2014 contracts pushed lower by 5¢ to 46¢. FULL STORY »

DHM Markets/Marketers: California Class 1 prices

The California Department of Food & Agriculture announced the June Class 1 price for the North at $25.10/cwt., with the South price at $5.37/cwt. Both are down 78¢ from May 2014, but are about $4.25 more than June 2013. FULL STORY »

WASDE: 2014 milk production forecast unchanged; 2015 higher

USDA’s 2014 milk production estimate is unchanged from last month, but 2015 milk production is forecast higher. FULL STORY »

Dairy markets: Midwest flush still not off the ground

Class III futures legged higher for a second day in a row, taking its cue from a stronger cash market. FULL STORY »

DHM Markets/Marketers: Weekly culling lowest of the year

Despite high beef prices, weekly dairy cow slaughter for the week ending April 26 fell to the lowest level of the year. FULL STORY »

Dairy markets: WASDE due tomorrow

An active spot session led to gains for Class III futures. FULL STORY »

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