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With MPP-Dairy behind, attention turns to ARC-CO and PLC

Differences in expected payments between Agricultural Risk Coverage - County Coverage (ARC-CO) and Price Loss Coverage (PLC) will be an important factor when making the program choice decisions offered under the 2014 Farm Bill.


Dairy markets: Last week in review

Class III futures were driven higher on Friday, in part due to the surge in dry whey prices. Class III market seems to have entered a period of steady to higher prices, lacking any significant new information.


DHM Numbers: Cattle, CME, consumers

Class III futures: A day in the black

Chicago Mercantile Exchange Class III milk futures prices enjoyed a day in the black on Friday, settling slightly higher for all 12 months.


CME Class III Futures

Jan. 23, 2015



Natural gas prices fall

Natural gas spot prices fall at most locations. After prices rose in trading last Thursday, with forecasts of warmer temperatures and a three-day holiday weekend, prices across the country fell on Friday.


Falling gasoline prices: Influence of crude oil prices and other factors

On a national level, the main reason cited for movements in gasoline prices is often changing crude oil prices. Crude oil acquisition is the main cost in producing gasoline, and changes in crude oil prices, along with changes in gasoline market conditions, drive changes in spot and retail gasoline prices.


Dairy markets: The morning after

There were a bevy of USDA reports yesterday, including Milk Production and Cold Storage information. The big mover, however, looks to be the weekly National Dairy Products Sales Report.


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