Commentary

Dairy markets: Shoring up positions early?

Trading and open interest have been increasing in 2015 contracts over the past couple of weeks. It feels as though more are getting a head start to shore up their positions much earlier than normal. FULL STORY »

USDA dairy outlook: Modest expansion ahead

USDA’s Livestock, Dairy & Poultry Outlook report was released May 15, forecasting a modest expansion in light of the current strong profit signals to producers. FULL STORY »

Weekly cow slaughter slips to lowest level of year

Today's post recaps weekly dairy cow culling, a Pennsylvania dairy replacement auction, and updates on dairy product prices FULL STORY »

Dairy markets: ‘Flush’ picture still unclear

Class III futures consolidated yesterday after additional spot market declines failed to materialize, settling anywhere from -6¢ to +24¢ in 2014, while 2015 contracts were mostly flat. FULL STORY »

DHM Markets/Marketers: Kentucky replacement sale

Today's post reviews daily CME and weekly national dairy product prices, ethanol and DDGS updates, and a dairy replacement auction in Kentucky. FULL STORY »

Dairy markets: Cheese falls to 2014 lows

Yesterday spot session was one for this year’s scrapbook. After a quiet Monday, spot cheese sell activity picked up and cheese prices fell to just below the $2.00/lb. FULL STORY »

Dairy co-ops’ milk volume up, but market share down slightly

U.S. dairy cooperative members marketed more than 160 billion lbs. of milk in 2012, maintaining a dominant, but slightly lower market share for co-ops during the five-year period between 2007 and 2012. FULL STORY »

DHM Markets/Marketers: Cheese dips below $2

Today's post looks at CME daily closing prices, CWT's weekly export assistance bids, a replacement auction in Missouri, and more. FULL STORY »

Second guessing USDA corn projections

USDA's World Ag Supply & Demand Estimates (WASDE) report released on May 9 contained updated projections for consumption of U.S. corn during the current marketing year and updated production and consumption projections for the 2014-15 marketing year. The favorite sport of market analysts is to second guess those projections. FULL STORY »

Dairy markets: In search of market news

Block and Barrel markets were silent during the spot session. Class III futures finished Monday’s session mixed, but mostly higher. FULL STORY »

DHM Markets/Marketers: Replacements, hay auctions recapped

Today’s post reviews last Friday's dairy replacement auction in Turlock, Calif., and recaps hay sales in the Upper Midwest. FULL STORY »

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644K Hybrid Wheel Loader

The 229 hp 644K Hybrid Wheel Loader from John Deere utilizes two sources of energy: diesel and electric. The machine’s ... Read More

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