DHM Numbers: CWT export sales

Today's report highlights weekly CWT export assistance bids, last week's Cattle of Feed report and a Texas dairy replacement auction. FULL STORY »

Dairy markets: Butter is the driver

They say a rising tide lifts all boats – and that seemed to be the case for Class III and cheese yesterday. Both followed Class IV products higher Monday, as what started as a “ho-hum” day found bullish footing. FULL STORY »

Monday's CME Dairy Market Recap

Monday showed a continuation of buying interest during the CME spot cheese market, triggering Class III futures to rally anywhere from 31¢ to 36¢ higher through the end of the year. FULL STORY »

DHM Numbers: Cold Storage report

Cold storage report termed bearish for butter, neutral for cheese FULL STORY »

June 30 USDA reports will reveal key soybean numbers

On June 30, USDA will release an estimate of U.S. stocks of soybeans (as of June 1) and forecasts of planted and harvested acreage. FULL STORY »

Dairy markets: 3Q 2014 futures strengthen

The 3Q 2014 Class III futures pack average of $21.39/cwt. gained 64¢ week over week. FULL STORY »

Friday’s CME Dairy Market recap

“Sluggish” would be the best way to describe Friday’s Class III market. FULL STORY »

Dunn: June dairy outlook

Penn State University’s measure of income over feed costs (IOFC) fell slightly in May, but remains very high, according to the latest Dairy Outlook report from economist Jim Dunn. FULL STORY »

Cropp: June Dairy Situation and Outlook

Several factors indicate a slow decline in milk prices. The Class III price may not fall below $20/cwt, until October or November, ending the year around $18.75/cwt. It now looks like the Class III price could average over $21/cwt. for the year, compared to $17.99/cwt. last year. FULL STORY »

DHM Numbers: Cow culling continues slide

Today's post covers weekly and monthly dairy cow culling, weekly California milk powder prices, and the economics of ethanol FULL STORY »

Thursday’s CME Dairy Market recap

As the CME spot cheese market approached, the tables turned and Class III futures retreated back down close to previous day settlements. FULL STORY »

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