The KDM Dairy Report 10/22/2021
10/22/2021 Big week for dairy this week with the milk production report on Wednesday and the cold storage report on Friday. September milk production was up 0.4 percent from last year at 17.3 billion pounds. […]
10/22/2021 Big week for dairy this week with the milk production report on Wednesday and the cold storage report on Friday. September milk production was up 0.4 percent from last year at 17.3 billion pounds. […]
10/15/2021 Good rally this week in class 3 even though cash blocks and barrels finish lower then last week. Strong demand in both domestic and international markets for all dairy products has kept the bull […]
10/8/2021 Class three futures just not quite getting over that next hurdle. As spot prices moved higher this week on barrels closing the price gap with blocks. November class 3 futures push into the high […]
10/1/2021 Good week for milk as cheese rallied in both blocks and barrels. Good demand with lower production is leading to tighter supplies. Cold storage may not have dropped as much as previous years but […]
9/24/2021 Big week for reports this week with starting off the week with the production report. With August production up 1.1 from 2020 and down 0.1 from July. This lead to not much of a […]
9/18/2021 Quiet week in the milk market as the gap between the blocks and the barrels slowly close. Good domestic demand as summer draws to a close with pizza sales picking up and schools back […]
9/10/2021 Spot Market Recap Prices steady to high this week for the milk market. Have we topped out or is there some more room at the top? Milk production is backing off seasonal and staffing […]
9/3/2021 Have we seen the bottom on the class 3 milk price? Milk production continues to slide lower, and cheese inventories are tightening with good domestic and international demand. However, prices have yet to rebound […]
8/27/2021 Milk production has come down slightly, cheese production still strong, and domestic and export demand is good. With futures moving down this week the class 3 market is still looking for a bottom. Spot […]
8/21/2021 Milk production moved back slightly higher in July after the big drop in June, even though there was 3000 fewer cows than in June. Year over year milk production was up 2.0 percent. Cold […]