Commentary

Dairy markets: ADPI conference may provide direction

Last night marked the start of the annual American Dairy Products Institute (ADPI) conference, which we think may prove to be a turning point for the marketplace. FULL STORY »

DHM Markets/Marketers: CME, Cattle on Feed

Today's post looks at Friday's CME dairy product closing, the latest Cattle on Feed report, dairy CPI/PPI forecasts, and more FULL STORY »

Dairy markets: Looking under the Class III hood

Slight gains early in the week led to an explosive upward price move for Class III and cheese futures on Thursday. FULL STORY »

DHM Markets/Marketers: Cow culling lags; Pennsylvania heifers

Today's post reviews lagging weekly, monthly and YTD dairy cow culling; recaps a Pennsylvania dairy replacement auction; and more. FULL STORY »

Dairy markets: A mixed bag

While the direction for spot cheese continues to be to the downside, trading activity above the $2.20/lb. level leaves us with $23+ as a Class III equivalent. FULL STORY »

Next LGM-Dairy policy sale begins April 25

Questions – and likely months – remain before dairy farmers can develop long-term milk marketing plans using one of two potential income margin protection plans as risk management tools. FULL STORY »

DHM Markets/Marketers: May Class I base up

The federal order May Class I base milk price is a record-high $24.47/cwt., up 82¢ from April 2014 and $6.71 more than May 2013. FULL STORY »

Dairy markets: A Class III bounce surprise

With mounting bearish sentiment for the spot cheese market over the past few trading sessions, the surprise yesterday was the Class III futures bounce. FULL STORY »

DHM Markets/Marketers: CME, CWT, Cold Storage

Today's post recaps CME cash markets, weekly CWT export assistance bids, USDA’s monthly Cold Storage report and an overview of the Northwest FULL STORY »

Dairy markets: Milk report in line

Last week’s recovery in the spot market looks as though it will be short-lived. FULL STORY »

Cropp: April dairy situation and outlook

Strong cheese and dry whey prices in April will result in a new record high Class III price of about $24.25/cwt. for the month, the third straight month of record Class III prices. FULL STORY »

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