Daily Reports

Grain market futures close strong

Grain market futures close strong, while class III and cheese futures were mixed. FULL STORY »

Spot cheese closes unchanged on CME

In Friday's trading session, the spot cheese session provided little insight, as both the blocks and barrels finished unchanged and untraded. FULL STORY »

Block cheese closes at $1.825

Price volatility was limited, in part, due to a subdued spot cheese session and uncertainty ahead of today’s milk production report. FULL STORY »

Class III market vulnerable to bouts of selling pressure

Class III futures closed out the week as they began ― with prices moving lower, as the marketplace begins to question the demand outlook for dairy products. FULL STORY »

Block cheese closes unchanged at $1.82 on CME

Milk futures spent most of Wednesday’s session testing downside support. Volume was light early with a handful of trades occurring double digits lower. FULL STORY »

Milk production concerns still weigh on futures market

The Class III market bounced back from last week’s selloff into the holiday weekend as the 2012 futures contracts moved between 8 and 22 cents higher. FULL STORY »

Block cheese closes at $1.8525 on CME

There is talk of Class I school startup demand causing some short-term tightness at the moment, but cheese buyers are simply frightened away by the $1.80 price level. FULL STORY »

Spot cheese gains 2.75 cents on the CME

Strong Sunday night volume led to higher prices as the week opened and the market got what it was looking for when the spot markets moved higher by 2.75 cents each at mid-day, which kept nearby futures months supported and led to prices closing 15 to 35 higher from Sept through Dec 2012. FULL STORY »

Spot cheese moves higher on CME

Class III futures finished the week strong, aided by the surge higher in the spot cheese session. FULL STORY »

Markets: The trends are bullish

The trend is bullish. The weather is bullish. Cheese demand is ho-hum, and we hear fresh cheese is readily available. Hedging in this type of market is not for the faint of heart. FULL STORY »

Markets: Hot weather helps support milk prices

Continued high temperatures across much of the country will keep up the downward pressure on total milk production levels supporting the market bulls’ case and pushing prices higher, a trend that has remained intact since early May. FULL STORY »

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