Cheese
Class III futures climbed over $1 this week, even as spot cheese slipped, with low prices helping to boost demand.
Class III milk futures slipped as barrel prices softened, but steady powder markets and a weaker dollar hint at potential support from export opportunities.
As Hilmar Cheese Company prepares to welcome only its third CEO in 41 years, the organization looks forward Greg Schlafer’s leadership, marked by continued dedication to innovation and quality.
With the May pricing period now underway and futures starting the week at a discount, May cheese and Class III contracts rallied to bridge the gap.
Friday saw most commodities except milk trading green, but today flipped the script, with spot cheese pulling us higher.
Tariff tensions with China sent ripples through the whey market, dragging down spot and futures prices and putting pressure on Class III milk contracts.
While markets responded positively to yesterday’s news of delays, continued pressure on China leaves the future of dairy prices up in the air.
Class III futures saw a strong rebound with significant gains in May and June contracts, while cheese prices edged higher, despite ongoing U.S.-China tariff tensions impacting dairy markets.
Cheese and Class III futures rallied on stronger spot prices, even as rising trade tensions with China and looming tariffs stirred market uncertainty.
After weeks of heavy spot trade, Monday brought a calmer, mostly green day to dairy markets, with cheese leading the rebound despite ongoing tariff tensions and early futures pressure.
Class III milk futures slipped lower Wednesday as China’s 34% reciprocal tariffs sent shockwaves through whey, soybeans, cattle, energy, and stock markets.
There was red almost across the board today as the market finally got a little clarity around tariffs following yesterday’s announcement.
Global price disparities and anticipation surrounding President Trump’s tariff announcement kept the industry on edge.
After yesterday’s muted session, CME cheese markets had a much busier day today.
Technical difficulties delayed the CME spot trade on Monday, preventing a smooth spot trade.
The U.S. dairy industry, driven by substantial investments and shifting consumer preferences, is poised for significant growth in the coming years.
Across the dairy complex, sellers came armed with product to move and buyers had their checkbooks out.
Dairy farmers are riding a wave of market uncertainty in 2025, with trade battles, feed price swings, and booming cheese production shaking up the industry. Experts Sarina Sharp and Katie Burgess break down the top trends shaping the year ahead.
Class III futures were slightly lower after a spot cheese session that saw large volumes of product change hands.
Manufacturers appear to have ample supply, leading them to the spot market to offload inventory.
Dairy markets do not seem too concerned about U.S. milk production growing at its fastest pace in two years.
A recent agreement reinforces the bond between the dairy industries of the U.S. and Guatemala, fostering growth, and ensuring consumer benefit across borders.
Futures markets had a tame day ahead of USDA’s Milk Production report.
As the first major day of the NCAA March Madness tournament kicked off on Thursday with heroes, upsets and Cinderella teams, markets had their own version.
Low prices triggered buyer interest in spot blocks, which climbed up to $1.6050 per pound, three cents higher, with seven loads trading.
As we navigate the milk market’s changing dynamics in 2025, stakeholders must remain vigilant and proactive.
Class III futures are down again, with May taking the biggest hit, down 25 cents on the day.
There is no doubt there will be significant volatility this year. Politics, equity markets, weather, supply, and demand will all affect the markets
A strong pinch is in order for dairy markets this Saint Patrick’s Day, with no green on the board.
In a significant stride for both the dairy industry and local community development, Hilmar Cheese Company, Inc. recently inaugurated their cheese and whey processing facility in Dodge City, Kansas.