Commentary

Dairy markets: Last week in review

It was an up-and-down week for Class III futures, as a busy week of reports and spot cheese movement pulled the market in all kinds of directions. FULL STORY »

Friday's CME Dairy Market Recap

Front month Class III contracts traded lower Friday as Sept – Dec contracts settled 8 to 22 cents lower. Futures were mixed in 2015, settling between 5 cents lower and 10 cents higher with no particular trends. FULL STORY »

DHM Numbers: California Class 1 prices up; May fluid sales not

California’s September Class 1 price for the North is $25.39/cwt., with the South price at $25.66/cwt. May 2014 packaged fluid milk sales totaled 4.20 billion lbs., down 3.5% from the year before. FULL STORY »

Dairy markets: Last year, in reverse

Both cheese and Class III futures markets saw prices rally in nearby months, but fall in back months. FULL STORY »

Thursday’s CME Dairy Market Recap

A strong cash cheese market continued to provide support for Class III futures Thursday. FULL STORY »

DHM Numbers: Cow culling, replacement auctions and more

Today's post highlights weekly dairy cow culling, monthly hay exports, and updates on regional dairy cattle replacement and hay auctions. FULL STORY »

June exports paced by milk powders, cheese

U.S. nonfat dry milk/skim milk powder (NDM/SMP) exports reached record levels in June, topping 60,000 tons for the second straight month FULL STORY »

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 »

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