Commentary

California June Class prices announced

California’s June 2014 Class 4a/4b milk prices were announced on Tuesday, July 1. FULL STORY »

Tuesday's CME Dairy Market recap

Tuesday was a very bearish day in the dairy complex. A negative Global Dairy Trade auction combined with more downside movement in the spot market caused a massive sell-off in milk futures. FULL STORY »

Dairy markets: Grains collapse; butter skyrockets

Class III futures downside momentum continued; the butter train picks up speed; outside of some natural disaster, grain prices will be the lowest in years FULL STORY »

Monday's CME Dairy Market Recap

Class III futures continued to sell off Monday after another bearish spot cheese market. FULL STORY »

Good: Large stocks, soybean acreage revealed

Corn and soybean stocks, soybean acreage provide some surprises FULL STORY »

USDA reports send corn, soybean futures prices lower

The combination of large corn stocks and record-high soybean acreage were impetus to send prices lower on Monday, after USDA released Acreage and Grain Stocks reports on June 30. FULL STORY »

Friday's CME Dairy Market recap

Class III futures started the day very flat on Friday, but after a bearish spot cheese market they sold off to settle much lower. FULL STORY »

DHM Numbers: Fluid milk sales continue slide

Today's post looks at monthly fluid milk sales, weekly cull cow slaughter and monthly cull cow prices, replacement auction results, and more FULL STORY »

June milk prices down slightly

USDA’s preliminary estimate of the June 2014 U.S. all-milk price, at $23.30/cwt., was down 90¢ from May and the second consecutive month-to-month decline. Despite the drop, the average is still $3.80 more than June 2013. FULL STORY »

June milk-feed price ratio steady

Slightly lower monthly average milk prices offset similar declines in feed prices, holding the June 2014 milk-feed price ratio steady at 2.28. FULL STORY »

Dairy markets: USDA grain reports due Monday

The weakness in Class III was short-lived, as the market made some slight gains yesterday. The grain complex has become more quiet this week, with excellent growing conditions leading to a bearish outlook.  FULL STORY »

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