Commentary

July U.S. milk production up 3.9%

Dairy market analysts termed the report bearish vs. market expectations. FULL STORY »

DHM Numbers: CWT export sales announced

Year-to-date, CWT sales are the equivalent of 2.054 billion lbs. of milk on a milkfat basis. FULL STORY »

Dairy markets: Milk production report due today

Despite early indicators to the upside, Class III futures were pressured lower yesterday by spot cheddar block prices. And while barrels managed to hold steady, selling pressure on the Class III market rippled out through the middle of 2015. FULL STORY »

Monday's CME Dairy Market Recap

Buyers in the spot cheese market were silent for the first time in weeks. Cheddar blocks were offered and settle 3.5 cents lower, but there were no markets in cheddar barrels. FULL STORY »

2015 milk prices now looking more like 2013, 2011

USDA’s Livestock, Dairy & Poultry Outlook report forecasts a building U.S. dairy herd and lower overall prices moving into 2015. FULL STORY »

Corn and soybean yield debate continues

The debate about the likely size of USDA's final estimate of the 2014 U.S. average corn and soybean yields continues, with the market apparently anticipating those estimates will exceed the August forecasts, particularly for corn. FULL STORY »

Dairy markets: Last week in review

Last week will be remembered for the resounding strength of a screaming butter market, as well as solid gains from spot cheese. FULL STORY »

A fantastic tool: How MPP might work on your dairy

USDA is expected to announce the final details of the new “Margin Protection Program” (MPP) in the very near future. FULL STORY »

Friday's CME Dairy Market Recap

The Class III market pumped its brakes Friday, after a long bullish run contracts sold off 1 to 19 cents Aug – Apr 2015. FULL STORY »

DHM Numbers: Weekly cow culling; monthly consumption

Based on dairy statistics from USDA's National Agricultural Statistics Service and Foreign Agricultural Service, total dairy consumption for June was higher than last year. FULL STORY »

Thursday’s CME Dairy Market Recap

Some aggressive buying in the spot cheese market sent Class III futures contracts off to the races. The butter market settled at $2.66/lb., a staggering 16¢ higher than Wednesday’s settlement. FULL STORY »

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