Know Your Market

Dairy trading experts offer strategies to optimize market performance.

Latest Stories
Volatility_sign5.jpg
Milk Prices
Class III Prices Not Sure What Direction to Go
Class III futures were mixed today. June milk lost a dime to $17.05/cwt. July slid 18 cents to $17.44/cwt. August milk declined slightly with September and October finishing in green.
June 08, 2021 04:26 PM
 · 
Know Your Market
milk-1760353_1920.jpg
Milk Prices
June Dairy Month is Kicked Off with Green Milk Prices
June Dairy Month brings us a CME spot trade of mostly green
June 02, 2021 03:39 PM
 · 
Know Your Market
Photo Credit: Darrell Smith
Milk Prices
Wild Weather Causes Feed Prices to Push Higher
Colder temperatures across the northern states brought frost and uncertainty surrounding the severity of damage and inserted risk premium back into the market.
June 01, 2021 04:06 PM
 · 
Know Your Market
June lost a dime and ended at $15.19/cwt whereas July settled at $15.97, August at $16.87, and September closed at $17.74/cwt. 
Milk Prices
Class III Prices Soften to End the Week
Blocks and barrels continued to slip lower to close out the week in the CME Cash Dairy Product Trade.
May 21, 2021 04:27 PM
 · 
Know Your Market
The butterfat trend has increased over the years with the average bulk tank fat test of 4.25% in January, up 0.13% from last year’s average.
Milk Prices
Butter Melts Away Last Week’s Gains
Butter melted away most of last week’s gains, falling 5.25 cents to $1.8225 per lb. in the CME Spot Dairy Auction.
May 17, 2021 04:19 PM
 · 
Know Your Market
Temporary cream shortages and dwindling butter stocks add support to dairy markets.
Milk Prices
Volatility Continues to Dominate the Markets
Friday wrapped up a week of big swings for most commodities.
May 14, 2021 04:16 PM
 · 
Know Your Market
DT Dairy Parlor Milkers_0.JPG
Milk Prices
Milk Prices Giveth Then Taketh Away
Class III gave back some of yesterday’s impressive gains.
May 13, 2021 03:51 PM
 · 
Know Your Market
Class III milk followed cheese with May up 6 cents to $16.46, June up 31 to $17.19, and July gaining 22 cents to $17.87/cwt.
Milk Prices
Class III Futures Set New Contract Highs
Class III futures set new contract highs in second half 2021 as well as the 2022 calendar year with gains as high as 70 cents in the June contract.
May 12, 2021 04:24 PM
 · 
Know Your Market
Butter had 49 loads trading hands on the CME spot trade. Here's what that meant for dairy prices.
Milk Prices
Butter: The Sole Dairy Product to Trade Higher
Butter was the sole product to trade higher in the CME Cash Dairy Product Trade to end the week.
May 07, 2021 04:20 PM
 · 
Know Your Market
graph-3078546_1920.png
Milk Prices
Class III Prices Crash, Grain Prices Explode
Class III milk futures crashed after the move lower in spot cheese. Grains exploded higher and set new contract highs once again.
May 06, 2021 04:12 PM
 · 
Know Your Market
The bill would offer a pathway for manufacturers to seek FDA approval of additives tied to improving the efficiency of meat and dairy production.
Milk Prices
Feed Costs Continue to Pressure Milk Dairy Margins
Feed costs will continue to pressure dairy Margins.
May 05, 2021 04:07 PM
 · 
Know Your Market
Money & finance.jpg
Milk Prices
Milk Prices Mix and Mingle
Class III milk prices ranged anywhere from even to 10 cents higher at the close following lower trade all day.
May 04, 2021 04:17 PM
 · 
Know Your Market
milk-tankers.jpg
Milk Prices
Class III Heads in the Wrong Direction
Class III milk prices moved slightly lower on the day with May down 23 cents to $18.95/cwt.
May 03, 2021 04:20 PM
 · 
Know Your Market
Class III milk markets saw May sink 11 cents on Monday while June gained 5 cents. 
Milk Prices
Class III Milk Struggles to Move Higher
Milk Production for March was released by the USDA on Wednesday. Following a lackluster CME spot trade, Class III struggled to move higher.
April 21, 2021 03:55 PM
 · 
Know Your Market
growth-3078544_1920_0.png
Milk Prices
Class III Milk Futures Surge Higher
Class III milk futures surged higher on the heels of barrel cheese.
April 20, 2021 04:04 PM
 · 
Know Your Market
Load More