The KDM Dairy Report 12/18/2020
12/18/2020 It was fun while it lasted. This week we had a big run up on the class III price hitting with several months hitting $18. Then Thursday showed up to knock the wind out […]
12/18/2020 It was fun while it lasted. This week we had a big run up on the class III price hitting with several months hitting $18. Then Thursday showed up to knock the wind out […]
12/11/2020 The rumor mill is running wild. This week we had a big push higher, culminating with a limit move up on Friday to then turn around and sell off by the end of the […]
12/4/2020 Is this a bottom or just a head fake? The cash market is lower on the week but nothing like previous weeks. On Thursday it posted positive gain but sold back off Friday to […]
11/20/2020 Is there a light at the end of the tunnel. With Spot cheese giving up 27 cents in the blocks and 19 cents in the barrels it is hard to say anything positive. The […]
11/13/2020 Another brutal week on the spot market with blocks losing 42 1/2 cents and barrels losing 70 3/4 cents. There were 14 trades in blocks and 32 trades in barrels with buyers picking off […]
11/06/2020 Less than a week after spot barrels hit a new all-time record high, the rug was pulled out and both blocks and barrels took a dive. The block/barrel average went from $2.66 last week, […]
10/30/2020 The pace of spot cheese price increases continued to slow down this week, but not before barrels picked up another 7½¢ and reached a new all-time record high of $2.53/lb, eclipsing the old mark […]
10/23/2020 For the third week in a row, barrel prices rose much more than blocks, with the spread now down to 31¾¢, and now we might know why. Fresh blocks remain tight due to current […]
10/16/2020 Barrels once again out-gained blocks in this week’s spot market, narrowing the spread to a still wide 51½¢. Considering the higher availability of barrels than blocks, we’re surprised that at $2.20+, those with any […]
10/09/2020 After reaching $1.01¼ on 09/21, the block/barrel spread has been steadily decreasing as barrels have made stronger gains vs. blocks. This held true again as barrels picked up 10¢ vs. blocks gaining just 3¾¢, […]