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  • Corn yields expected to be second highest on record

    Monday, September 24, 2018 10:35 AM
    The Agriculture Department lowered its 2018 milk production estimate in the latest World Agricultural Supply and Demand Estimates report (WASDE), due to slightly lower milk cow numbers and a slower rate of growth in milk per cow in the third quarter, but raised its 2019 estimate on slightly higher cow inventories.
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  • A little optimism with Class III price

    Monday, September 10, 2018 10:02 AM
        Media reports were abundant Monday regarding the U.S. and Mexico reaching agreement on a re-tooled North American Free Trade Agreement.
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  • American cheese demand up 1.4 percent

    Monday, August 27, 2018 12:54 PM
    The bulls were fed the week of Aug. 13. Barrel cheese marched higher, commercial dairy product disappearance looked solid, the U.S. and Mexico appeared to be coming together in their trade spat, and even China’s commerce ministry stated that its commerce vice-minister had been invited by the U.S. to discuss economic and trade issues.
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  • Pizza cheesemakers gearing up for heavier sales

    Monday, August 13, 2018 10:26 AM
        The Agriculture Department announced the July Federal order Class III benchmark milk price at $14.10 per hundredweight (cwt.), down $1.11 from June, $1.35 below July 2017, and the lowest Class III since February 2018. It equates to $1.21 per gallon, down from $1.31 a month ago and $1.33 a year ago.
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  • Global trade turmoil remains in spotlight

    Monday, July 30, 2018 10:21 AM
        Bleeding in the world dairy market slowed a bit in the July 17 Global Dairy Trade auction (GDT) which saw its weighted average slip 1.7 percent, following the 5.0 percent drop July 3. This was the fourth consecutive session of decline.
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  • June Class III highest prices seen in six months

    Monday, July 16, 2018 10:06 AM
        The nation’s June Federal order bench mark milk price crept to the highest level it has seen in six months, but that’s not saying much.
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  • Dairy pricing gets attention at G-7 Summit

    Monday, June 25, 2018 9:46 AM
        Just as history was made in the meeting between North Korea’s Kim Jong Un and President Trump, who would have thought that dairy pricing would get the attention it received after the meeting of the G-7 nations in Quebec. The President is critical of Canada’s age-old quota supply-management program.
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  • Class III prices up 71 cents from April

    Monday, June 11, 2018 9:50 AM
    Happy June Dairy Month, though it’s not too happy for dairy producers struggling to make ends meet.
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  • U.S. exports set new record in March

    Tuesday, May 29, 2018 9:32 AM
        Gears reversed in the May 15 Global Dairy Trade (GDT) auction. The weighted average of products offered rose 1.9 percent, following a 1.1 slip on May 1.
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  • Class III price up 25 cents from March

    Monday, May 14, 2018 9:50 AM
    The Agriculture Department announced the April Federal order Class III milk price at $14.47 per hundredweight (cwt.), up 25 cents from March, 75 cents below April 2017 and the highest Class III since December 2017 and 20 cents above California’s comparable Class 4b cheese milk price.
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