Commentary

Dairy markets: Class III futures erode

Class III futures prices eroded yesterday, with August and September contracts seeing the steepest declines. The 2015 pack continues to hover near $18.00/cwt. FULL STORY »

Wednesday's CME Dairy Market Recap

The market turned from bullish to bearish Wednesday as Class III futures sold off through the end of the year. The August contract settled at $21.38/cwt. (DOWN 0.24). FULL STORY »

DHM Numbers: July Class III/IV prices higher

Federal order Class III & IV milk prices increased in July, according to the monthly price announcement from USDA's Ag Marketing Service. FULL STORY »

Dairy markets: Class III futures lag global downturn

Put another notch in the belt of the Class III bull, as it continues to show swagger regardless of popular consensus or what the international market has to say about it. FULL STORY »

U.S dairy cow numbers up, but replacement heifer numbers lower

There are expectations of continued moderate U.S. dairy herd expansion this year into 2015. However, U.S. dairy farmers will have to do it with fewer available replacement heifers. FULL STORY »

Tuesday’s CME Dairy Market Recap

The bullish trend continued in Class III Tuesday after another supportive spot cheese market. Sept – Dec contracts settled 10 to 31 cents higher on light volume. FULL STORY »

Dairy markets: Class III futures reveal bull horns

Class III futures opened the week revealing the bull horns. Despite a mixed spot cheese market, futures prices rallied relatively sharply higher in comparison. FULL STORY »

Monday's CME Dairy Market Recap

The bulls were back in town Monday as Class III futures rallied across the board. FULL STORY »

Storing the 2014 corn crop

The corn market is currently encouraging storage of the 2014 corn crop, and that decision could be made now with forward sales or by hedging in the futures market. FULL STORY »

Dairy markets: Last week in review

The 4Q 2014 Class III futures pack averaged $19.47/cwt. at the close of trading last Friday. FULL STORY »

DHM Numbers: June culling hits 6-year low

U.S. dairy cows culled for slaughter in June 2014 fell to the lowest level in six years, slipping below 200,000 head for the first time since June 2008. FULL STORY »

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