Butter Market News
Explore the latest butter production news from Dairy Herd Management. Covering butter export trends, CME price shifts, processing innovations, and dairy production strategies to help producers maximize milk component value. View the latest butter CME prices.
Tuesday’s spot dairy product session was higher and Class III milk futures surge forward.
Americans are seeing a once-in-a-generation price spikes at the grocery store. The picture is mixed when looking at how Inflation has affected dairy in comparison to other food products.
With consumers already facing sticker shock in the grocery store, heightened butter prices could cause consumers to back away from the dairy aisle.
Trent Dado’s phone rang nonstop yesterday with the consistent question, “Is now the time to buy?” The Independent Dairy Nutritionist and Management Consultant says the short answer is, “Probably, yes.”
Butter moves into territory we have not seen since September 2015.
Spot butter advanced to $2.9350/lb, the highest price since January in the CME spot dairy product auction.
The milk market over the last several years certainly challenged farmers to remain optimistic. Robin Schmahl with AgDay says that the current positivity in the dairy industry stems from the latest milk production report.
Navigating social, environmental and economic issues facing dairy businesses in a world shifting from COVID-19 restrictions took center stage at the 2022 Dairy Sustainability Alliance® Spring Meeting, held May 18-19.
Butter prices at the latest Global Dairy Trade event plunged 12.5% to $5,807 per metric ton, or $2.63 per pound on an 80% butterfat equivalent.
Anchor Dairy, the consumer brand of the New Zealand Dairy Co-operative giant, Fonterra, has announced the launch of a new, first of its kind dairy product, Organic carbonzero™ Certified Butter.
The demand for dairy is evident and the current robust milk futures market has taken notice. Mike North talks about the dynamic dairy market that both the domestic and global demand for U.S. dairy has created.
Despite the U.S. winning its first challenge over dairy with the U.S.-Mexico-Canada Agreement agreement in January, Secretary of Agriculture said he is not satisfied with the market access into Canada for dairy products.
Nearly a year ago, dairy farmer Jamie Bansen received alarming news that the creamery her family ships milk to was on fire. Thankfully the McMinnville, Ore., creamery has since dusted off the ashes and began rebuilding.
If any lessons were learned from the COVID-19 pandemic, it was how to walk on a tightrope while juggling various obstacles. Dairy CEOs spoke about how they managed challenges the last several years at IDFA Dairy Forum.
Krysta Harden, President and CEO of the U.S. Dairy Export Council, today called on Congress and the administration to support a number of specific policy proposals that will help grow U.S. dairy exports.
The nation’s largest dairy cooperative, Dairy Farmers of America, held its annual meeting on March 23 in Kansas City, Missouri. Amongst the challenges DFA is faced with, they also highlighted areas of growth.
Top dairy leaders oppose the bill to legalize the sale of raw milk at dairy farms just passed by the Iowa Senate. If this becomes law, it would be legal to sell raw milk and unpasteurized products.
Strong global demand for dairy continues to push cheese and butter prices to fresh highs.
JPMorgan voices concern that a spike in energy prices from the Russia-Ukraine crisis would hinder the economy. Dairy producers are wondering how much more inputs will rise, as a $20 plus milk check only goes so far.
Entering a five-year partnership, the national dairy checkoff organization have teamed up with the Mayo Clinic to conduct research to improve public health and advance consumer knowledge of dairy’s benefits.
Joe Burrow might be best known for his strong arm that is leading his team to the Super Bowl. However, the NFL quarterback is also taking advantage of the spotlight to help draw much needed attention to food insecurity.
Cheese finds a bid and butter continued its slide in a mixed day in the dairy trade.
Opening a milk check that surpasses $20, a price not seen since 2014, gives producers reasons to cheer. However, most producers wonder if this is all too good to be true and how long will the good times roll.
Butter continues to be a big story in dairy right now, with prices hitting their highest since 2015.
The past few months have shown incredible volatility for both cash and futures. Buyers were intent on making sure they had sufficient supply on hand in the event milk supplies and dairy product supplies would tighten.
Spot butter climbed to $2.9350, the highest price since September 2015 with an impressive volume of 18 trades taking place in the CME Spot Dairy Auction.
Butter continued to rocket higher, gaining 3 ¾ cent to $2.78/lb.
Heavy demand, falling milk production, and a shortage of labor combine to send butter prices to four-year-highs.
Butter continued its wild ride – gaining 6 cents on 3 trades to finish at $2.71 per lb.
Americans are expected to purchase 161 million lb. of butter between the second week of November through Christmas.