Commentary

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 »

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 »

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