Commentary

May dairy margins flat to higher

Dairy margins were flat to higher since the end of April, remaining historically strong into next year, according to the latest CIH Margin Watch report. FULL STORY »

Correction: April, Y-T-D milk production up just 1.0%

Editor's note: There was an error in the chart posted previously. FULL STORY »

Good: Corn prices on the defensive

USDA's May World Ag Supply & Demand Estimates report projected surprisingly small ending stocks of U.S. corn for the current marketing year. however, corn prices have declined about 40¢/bushel since the report. FULL STORY »

Dairy markets: Market takes a pause

At this stage in the game, the market has reached a momentary state of equilibrium. The market is quiet – eerily quiet. This is not likely to persist, and it’s more of a question as to who jumps first to determine where we’re headed next. FULL STORY »

March fluid sales continue downward trend

Today's post covers monthly fluid milk sales, dairy CPI, cattle on feed, CME cash prices, and more. FULL STORY »

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 »

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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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