The KDM Dairy Report 5/22/2021
5/22/2021 After a week of giving up ground on class 3 is there another rally instore? If we rewind two weeks most predictions were for higher going into this summer with at pull back in […]
5/22/2021 After a week of giving up ground on class 3 is there another rally instore? If we rewind two weeks most predictions were for higher going into this summer with at pull back in […]
5/15/2021 Another roller coaster of a week with a good move higher in the NDPSR, which put class 3 pricing at 1911. That and a good push higher on cash on Wednesday push futures to […]
5/7/2021 There was quite a roller coaster this week with $20 class 3 price just in reach by mid week. The weekly updates remained strong but Thursday cash started to sell off with futures following […]
5/2/2021 Strong demand has been the underlying theme this week. With restaurants reporting strong demand and retail still having good sales, the class 3 market is pushing $20. Spot Market Recap Milk Production Cheese operations […]
4/17/2021 March milk production up 2.0 percent and March natural cheese stocks up 2 percent from last month and 7 percent from last year. Those are some big numbers for the amount of strength we […]
4/17/2021 Food box is dead will it matter? Strong food service demand and better than expected exports have pushed this market up without government demand. The question now is can that demand hold at higher […]
4/9/2021 Good gains again this week as class 3 heads toward $20. As the push to open up across the country continues, food service is giving a big boost to dairy demand. Spot Market Recap […]
3/20/2021 Up we go! Both class 3 and class 4 had good gains this week mostly do to improving food service demand and hope that after this period of review the government will get back […]
3/20/2021 Improving demand, no government intervention, and milk production up 2.3 after adjusting for leap year all are in this weeks report. Are the $18+ futures justified? There were predictions as high as 4% increase […]
3/13/2021 Is COVID over? Texas seems to think so as the state opened up with no restrictions. This has given some lift to the Dairy markets. With signs of going back to normal and increased […]