Commentary

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 »

Dairy markets: Cheese, butter move to the upside

The spot cheese market continues to move to the upside, but the Class III futures rally looks to be a bit exhausted FULL STORY »

DHM Numbers: Texas, Kentucky replacement auctions

Today's post highlights weekly California and U.S. dairy product price summaries, as well as dairy replacement auctions in Texas and Kentucky FULL STORY »

Wednesday's CME Dairy Market Recap

The strength seen in the spot cheese market failed to spill over into Class III futures Wednesday as the market was met with some stiff resistance. FULL STORY »

Dairy markets: Class III futures, cheese move higher

Class III continued its move higher yesterday, with 2014 futures contracts settling anywhere from +5¢ to + 26¢. Both blocks and barrels gained on the day, setting new recent highs. FULL STORY »

Tuesday’s CME Dairy Market Recap

Monday’s overnight market brought Class III futures slightly higher coming into Tuesday. After seeing more aggressive buying in the spot cheese market futures were off to the races. FULL STORY »

DHM Numbers: CWT assists with export sales

Cooperatives Working Together (CWT) accepted five requests for export assistance to sell 277,782 lbs. of cheddar cheese and 1.587 million lbs. of whole milk powder (WMP) to customers in Asia, the Middle East, North Africa and South America. FULL STORY »

Milk production outlook raised; price projections change little

USDA’s Aug. 12 World Ag Supply & Demand Estimates report raised 2014 and 2015 milk production estimates, as lower feed costs are expected to support higher output per cow. FULL STORY »

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