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Dairy markets: Class III plummet continues

The Class III futures plummet continues for most of 2015. While nearby months turned positive amid stability in spot pricing, deferred (August and September 2015) contracts posted the steepest losses in yesterday’s session.

News

Rabobank Dairy Quarterly Q4: Dairy prices continue to fall

Prices in U.S. wholesale markets have further to fall in coming months, and the onset of price recovery may also kick in later, as the local market cycle continues to lag behind the offshore market, according to the latest Dairy Quarterly report from the Rabobank Food & Agribusiness Research (FAR) and Advisory Group.

Markets

Dairy markets: Hope for the best; plan for the worst

After a momentary move upward early in the day, Class III futures quickly weakened, forcefully erasing any positive price action and continuing to march lower. The full year 2015 pack finished 29¢ lower, at $15.74/cwt.

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