Commentary

Thursday’s CME Dairy Market Recap

A strong cash cheese market continued to provide support for Class III futures Thursday. FULL STORY »

DHM Numbers: Cow culling, replacement auctions and more

Today's post highlights weekly dairy cow culling, monthly hay exports, and updates on regional dairy cattle replacement and hay auctions. FULL STORY »

June exports paced by milk powders, cheese

U.S. nonfat dry milk/skim milk powder (NDM/SMP) exports reached record levels in June, topping 60,000 tons for the second straight month FULL STORY »

FAO July dairy price index down

Global food prices declined in July 2014, with dairy prices helping lead the way, according to the latest United Nations’ Food and Agriculture Organization (FAO) Food Price Index. FULL STORY »

Dairy markets: Cheese remains strong

The Class III futures 4Q 2014 pack average settled below the $20.00/cwt. level to $19.93/cwt., but recovered after the close of the pit session, followed by overnight price increases. FULL STORY »

Wednesday's CME Dairy Market Recap

Cheese futures continued to slide lower Wednesday, but strength in dry whey futures helped the Class III market remain tight. FULL STORY »

DHM Numbers: GDT price index sets two-year low

Global Dairy Trade (GDT) losses continue in dramatic fashion, according to Eric Meyer, president of HighGround’s Dairy Division. FULL STORY »

Dairy markets: Hit by a one-two combo

Class III 2014 contracts settled anywhere from -13¢ to -45¢ on the day, in spite of a move higher in spot cheese prices. FULL STORY »

USDA revises June Idaho, U.S. cheese numbers higher

Agreeing with rumblings within the dairy industry, USDA revised Idaho June cheese production volumes contained in its latest Dairy Products report, impacting the outlook and prices for American and cheddar cheese. FULL STORY »

Tuesday’s CME Dairy Market Recap

Tuesday’s Class III market experienced a huge trend reversal as contracts rejected the highs made Monday. FULL STORY »

Dunn: August dairy outlook

Penn State University’s measure of income over feed costs (IOFC) rose in July and remains well above last year, according to the latest Dairy Outlook report from economist Jim Dunn. FULL STORY »

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