08/28/2020 Spot cheese prices look like they may have bottomed out as they bounced back to levels about equal to two weeks ago. Just when most fundamentals were pointing more bearish, the government announced on […]
08/21/2020 Butter/powder continued to gain on cheese in this week’s spot market as both blocks and barrels failed to gain any traction. Barrels especially felt week, settling at lows not seen since May. Volume was […]
08/14/2020 After bottoming out at $1.51 block/barrel average on Tuesday, bottom pickers finally started hitting spot blocks, lifting the average to $1.66 by the end of the week. Most of the work was done with […]
08/07/2020 Apparently the spot market does not like roller coaster rides. Having gotten nauseous vaulting from a 17-year low in blocks to a new record high in 45 days, this week it continued to projectile […]