Markets
The Oceania 2020/21 production season is winding down, with the peak milk output long past and winter approaching.
Do not bet the farm on speculative options to lower feed cost. In 2021, double-down on forage quality.
Milk Production for March was released by the USDA on Wednesday. Following a lackluster CME spot trade, Class III struggled to move higher.
Class III milk futures surged higher on the heels of barrel cheese.
Wholesalers and retailers in Brazil are having to cut prices to move dairy products.
With spring in the air, producers are preparing for the annual spring flush. How will this impact milk prices in the coming weeks?
Class III milk price movement was essentially a nonevent on Monday.
Markets almost always fall faster than they increase. However, escalating feed prices may change the usual or historical aspect of the market. Or will they?
In 2020, the U.S dairy industry exported more than $6.5 billion of dairy products despite the Covid-19 pandemic. What will dairy exports look like in 2021?
Demand from the food service industry is increasing more quickly than earlier anticipated. Consumers are feeling more confident dining out causing buyers to purchase supply to meet the rising demand.
CME spot values stayed steady to higher across all five products.
The United States imported fewer dairy products early in the pandemic as local supplies filled pipelines and global supply chains experienced unparalleled disruption
Wednesday continues a very quiet week in commodities. Everyone seems to have left on spring break.
After working with dairy producers for nearly two decades, Dr. Kevin Hoogendoorn was alarmed and frustrated by the complexity of milk marketing tools. So, he decided to do something about it by creating the ZISKapp.
The Class III milk market has seen quietness as of late.
The CME spot dairy auction ended Tuesday’s session in a slightly negative manner.
Class III milk futures maintained a tight range throughout the course of the trading day.
The American Rescue Plan act was announced by the USDA Wednesday.
The CME spot dairy auction turned in an even to stronger session to kick off this week.
A mixed day Friday to finish a mixed week in the Dairy Markets.
Butter inventories came in at 328 million lbs. in January, up 55 million from December.
The CME spot dairy auction kicked off this week in a mixed fashion.
Fluid milk sales fared well last year showing only a slight decline. This was more than made up for with strong cheese and yogurt sales as well as other products.
A softer CME spot dairy auction led to a step back in milk price on Thursday.
Markets took a bit of a nap following a day off for President’s Day.
After trading limit up during Thursday’s trading session, Class III prices on Friday took back some of those gains.
Cheese inventory increasing at the end of 2020 may not be a good sign as the market is moving through a slower demand period of time.
Despite spot cheese moving higher, Class III futures sold off.