Commentary

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 »

Dairy Margin Watch: July ends stronger

Dairy farmer income margins improved since the middle of July, following a combination of both higher milk prices and lower feed costs. FULL STORY »

Dairy markets: Cheese, Class III futures jump

Class III futures continued to explode higher after spot buyers rallied the blocks and barrels. Big upside moves were seen through 2014. FULL STORY »

Monday's CME Dairy Market Recap

The very bullish spot cheese market provided fuel for an all-out rally in Class III futures. FULL STORY »

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