Commentary

Dairy markets: Spot butter hits 43-month high

Class III futures started off the holiday-shortened week with a bang, as prices rallied across the board. The nearby June and July contracts garnered the most interest, rallying 72¢ and 74¢, respectively. FULL STORY »

Homegrown feeds push milk COP higher

Today's numbers include weekly CWT export assistance bids, daily CME prices, monthly USDA milk production cost estimates, and more. FULL STORY »

DHM Markets/Marketers: May 27

Today's post recaps a dairy replacement auction in California and last Friday's CME, a looks ahead to this week. FULL STORY »

Dairy markets: Cheese, Class III futures rally

Market participants were seemingly caught off guard Thursday, as Class III rallied sharply after spot cheese reversed course and closed north of $2.00/lb. for the first time since May 12. FULL STORY »

April dairy cull cow slaughter hits 10-month low

Today's post covers weekly and monthly dairy cull cow estimates, USDA’s Cold Storage report, a big jump in CME cheese prices, a farm wage update and more FULL STORY »

Dairy markets: Settling in for the holiday weekend?

Front-month Class III futures contracts traded both sides of unchanged yesterday after a very quiet spot cheese session failed to give any market direction. FULL STORY »

June FMMO Class I base price dips

Dairy Herd Management's daily look at dairy product and dairy cattle prices, as well as other market and marketer news. FULL STORY »

Dairy markets: Class III shows signs of life

At first glance, this looks to be little more than a thin, pre-holiday trade and a short-term technical bounce. Perhaps the larger story is the relative strength garnered throughout 2015. FULL STORY »

CWT assists with export sales

Year-to-date sales are the equivalent of 1.591 billion lbs. of milk on a milkfat basis. FULL STORY »

Cropp: May Dairy Situation and Outlook

USDA’s April milk production report shows production continuing to increase above year-ago levels at the relatively slow pace. With expected stronger growth in milk production and some softening of dairy exports, milk prices will slowly decline, but should remain at a good historical level. FULL STORY »

Dairy markets: Milk report neutral to slightly bearish

The April 2014 milk production report came out mostly in line with expectations, and we would term this report neutral to slightly bearish. FULL STORY »

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