Dairy Farming Industry and Market News

The run up in the grain market yesterday had little translation in the milk market where a strong product trade took prices higher, albeit on little volume.

The combination of last week’s milk production report and cold storage reports had one theme: more cows, more milk, and more product.

The outlook for milk prices is more positive due to strong domestic demand as well as improving international demand. However, growing cheese and butter inventories cannot continue forever without some sort of reckoning.

At the Exchange, open interest is the measurement of the amount of open and outstanding contracts held by buyers and sellers that have yet to be offset.  

Markets continue to be unimpressed as the Friday CME spot dairy session unfolded.  

Class III milk prices started softer on Thursday and then strengthened after the products traded lower.

This new module can potentially decrease a farm's carbon footprint and increase its bottom line by identifying where to save energy.

Event #180 took place on the Global Dairy Trade auction on Tuesday, the last trade before the Chinese New Year holiday. In it, some interesting results.

As processors seek less fresh product CME spot prices become vulnerable to greater price decline, a trend that has been in place since early November.

Each week, the USDA publishes the national retail report that gives an inside look at what is happening among the nation’s retailers in terms of promotional campaigns on a product by product basis.