Commentary

April Class III up; all-milk price another record

The federal order Class III milk price rose in April, but the Class IV price declined slightly. Meanwhile, USDA’s preliminary estimate of the April U.S. all-milk price, at $25.50/cwt., is a new high. FULL STORY »

DHM Markets/Marketers: Numbers, numbers, numbers

Today's post looks at the April milk-feed price ratio, CME, USDA and California prices, and more FULL STORY »

Cull, replacement dairy cow prices surge

Prices for U.S. dairy cows – both for beef market and as herd replacements, surged in April, according to the USDA/NASS Ag Prices report. FULL STORY »

Dairy markets: Feed concerns spread

While the feed issue is something to be mindful of in the near term, short-term concerns surrounding an abundance of supply in Europe and the lack of Chinese buying continue to weigh on the traders’ psyche FULL STORY »

DHM Markets/Marketers: CWT, COP, DFA & Sustainability

Today's post reviews USDA’s monthly Milk Cost of Production report and highlights DFA's presentation at Walmart’s first Sustainability Product Expo. FULL STORY »

DHM Markets/Marketers: CME, disappearance

February 2014 commercial disappearance of milk used in all dairy products rose 5% from a year ago, but fell slightly below U.S. dairy farmer milk marketings for the month. FULL STORY »

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 »

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