Cheese
While the calendar flipped to 2024 weeks ago, there has been little change in dairy market sentiment since the beginning of this year. Globally, the industry continues to walk a tightrope of limited ‘new’ milk.
Recently, the USDA lowered its milk production forecast for 2024 due to lower expected output per cow, which is partly offset by higher cow inventories.
Milk markets continue to widen the Class IV/III spread as Class IV holds over $20 for 2024 calendar and Class III milk bounces around.
China’s annual per capita cheese consumption sits at 0.2 kg., or less than half a pound. However, this number is projected to see growth with the Chinese cheese market seeing a healthy pipeline of investment activity.
Butter drove the dairy markets higher Thursday with the CME spot trade gaining 11 cents to finish at $2.68 3/4.
Producers want to know: “Why is milk production remaining high even with lower milk prices and farms going out of business?”
2024 should be a good year for U.S. cheese exporters.
The hope is that depressed milk prices will be short lived. However, without a significant increase in demand or tighter milk supply or both, low prices may be with us for a longer duration.
While most cheese pizzas are topped with 2-3 different kinds of cheese, sports 1,001 different varieties - breaking the previous world record.
Just how low will milk prices go? Slower exports, weaker demand and global inflation have all been an anchor on the potential for higher dairy product prices. Will we finally start to see some relief in 2024?
Dairy markets continued their descent on Monday following another day of weak cheese performance on the CME spot dairy auction.
A growing population and an increase in consumer purchasing power in Mexico will support U.S. exports
Americans are consuming record amounts of cheese, contributing to one of the strongest years on record for U.S. dairy consumption
Last week in Orlando, Fla., NMPF Chairman Randy Mooney spoke about the ongoing challenges dairy farmers face, including the razor-thin operating. Still, Mooney spoke about why he remains optimistic about dairy’s future.
When it comes to whether the glass is half full or half empty, Barb O’Brien, the president and chief executive officer of Dairy Management, Inc. says the opportunity for dairy is overflowingly abundant.
Grilled cheese is a staple food for children across America. But two Wisconsin brothers decided to take their version of grilled cheese sandwich to the next level.
How much cheese does it take to craft the world’s largest charcuterie board?
Launched in 2003, the Cooperatives Working Together (CWT) program is designed to promote the sale of U.S. dairy products to oversee customers and a program that NMPF says moves a billion lbs. of product annually.
Dairy farmer and DMI chair, Marilyn Hershey says it’s vital to maintain those that help solidify the value of U.S. dairy products. Exports have grown over the past twenty years from 4 percent to around 20 percent.
At the farmgate, recent milk checks have been downright ugly for many producers across the U.S., with revenues well below production costs in a challenging year. But what’s ahead for the remainder of 2023?
Would you pay $32,000 for “cave-aged” blue cheese?
When it comes to sustainability, longevity is certainly part of the equation at Redhead Creamery. This farm proves is investing on both sides of their businesses to drive their dairy forward.
Cheese prices made a dramatic turn over the past month as buyers turned aggressive.
Recently, Ashley Hagenow traded in her rubber boots for heels as she was selected to serve as the 76th Alice in Dairyland. She will promote Wisconsin agriculture across the Badger State throughout the next year.
Workers who help produce sour cream for brands, including Taco Bell, Wendy’s and Hello Fresh, have gone on strike. Teamsters Local 662 members at New Dairy Select Milk, a subsidiary of Borden Dairy are striking.
Bongards Creameries, a leading national cheese and whey manufacture recently announced a $125 million expansion project. The project will increase the plant’s capacity to take in 5.5 million lbs. of milk per day.
With the U.S. dairy exports documenting their worst year-over-year decline in four years, Ben Laine with Terrain says the headwinds facing dairy exports side of the equation is what concerns him the most right now.
Cheese lovers from coast to coast are rejoicing with the news that the “Grilled Cheese Burrito” has become a permanent item on Taco Bell’s menu.
The president and CEO of Tillamook County Creamery Association (TCCA), Patrick Criteser shares his career path, advice, lessons learned and more in a casual sit-down conversation.
The dairy industry has been impacted by overtime labor rules, rigorous permitting processes and the shortage of water. As a result, cows are migrating toward areas like South Dakota, who has seen tremendous growth.