Author: kdmadmin

3/19/2023 Big jump this week spurred on by exports and the possibility of putting in a bottom on this market.  Milk Production is out Monday.  I do not expect Milk Production to be down as […]

3/5/2023 No report this week or next week. Feel free to give us a call to discuss the markets.  Thanks, KDM Trading

2/26/2023 Milk production and cold storage were out this week.  Milk Production was up 1.5 which was middle of the road for most expectations.  The surprise on the Milk Production report was the cow numbers.  […]

2/18/2023 Football is behind us but warmer weather is on the horizon.  We have college basket balls March Madness and then Easter soon after that.  These events are typically not as robust for cheese consumption […]

2/12/2023 Some strength in the international market as Global Dairy Trade was up 3.2 percent, and cheddar was up 2.3 percent.  That puts the cheese price at the GDT at 2.26.  This has lead to […]

2/04/2023 First month of 2023 is behind us and the big news this week is the Jobs report.  With all the fear and dread of 2023 being a year when we go into a recession […]

1/22/2023 The class 3 market is leveling off from the last couple of weeks drop.  Both Milk Production and Cold Storage were out this week, and both reports came out neutral to supportive.  Milk Production […]

1/22/2023 Big crash in the spot market this week with a smaller then expected drop in Class 3 futures.  With big swings in the market the futures have become slow to respond.  Good domestic demand […]

1/14/2023 Volatile week in spot cheese.  With large moves each day, up one day and down the next, has left most traders scratching there heads on a direction.  Demand has been good but the mild […]

1/7/2023 Happy New Year to everyone hope all had a good holidays.  2023 is starting off on a negative note as supply is out pacing demand.  Exports to Europe have dropped which has freed up […]