Commentary

WASDE: June report a summer repeat

USDA’s June 11 World Ag Supply & Demand Estimates report was virtually a repeat from May, with 2014 and 2015 milk production and price estimates exhibiting little change. FULL STORY »

Dairy markets: ’If it's not bearish, it’s bullish’

All the hallmarks of a market starving for fundamental news were demonstrated by the Class III trade yesterday. FULL STORY »

California Class 1 prices up slightly for July

Today's post highlights July Class 1 prices in California, latest CWT export assistance bids, today's CME product prices, and more FULL STORY »

Dairy markets: Can cheese stay at $2.00?

It was a trading day marked by slightly higher Class III prices on low trading volume. Spot prices bid up in blocks and barrels helped support the market. FULL STORY »

Dairy markets: Recapping last week’s futures prices

June-August 2014 Class III futures closed out last week pushing lower, while September -December contracts posted gains. FULL STORY »

Dairy markets: Cheese provides upside momentum

The spot cheese market maintained its upside momentum yesterday, carrying Class III futures along with it. FULL STORY »

DHM Numbers: Dairy cattle exports, culling down

Today's post highlights monthly dairy, dairy cattle and hay exports, weekly cow culling, a Pennsylvania dairy replacement auction, and more FULL STORY »

Dairy markets: Racapping June 4 activity

Class III and cheese futures fought a two-sided battle yesterday as the markets caught a mid-day tailwind from a higher spot cheese session. FULL STORY »

May FMMO Class III/IV prices lower

Today's post highlights May FMMO prices, USDA’s April Dairy Products report, daily CME and weekly USDA product prices, dairy replacement auctions and more FULL STORY »

Dairy markets: Crop conditions pressure grains lower

The Class III July to December 2014 pack average lost 10¢ to settle at $19.88/cwt. The July contract took the largest loss, closing at $20.40/cwt., down 38¢. FULL STORY »

Dairy margins end May stronger

Dairy margins strengthened since the middle of May, due to a combination of steady to higher milk prices while corn continued to decline FULL STORY »

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