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 […]
2/27/2021 A light at the end of the tunnel. There is a shift in most states to lifting restrictions and easing public dining restrictions. Texas is the first state to fully open up and do […]
2/27/2021 No news is negative news. There were no orders this week from the USDA and I expect that more cheese will come to the market next week and drive the price lower. The cheese […]
2/20/2021 Still waiting; we had the USDA step back in this week on butter and fluid but no cheese orders as of yet. This did help butter move higher this week, but Class III has […]
2/13/2021 More big moves on rumors. With another stimulus bill in the works and still money in the pot from the last one the trade is on edge waiting for the next round of buying […]
2/6/2021 Big rally on more stimulus talk, plenty of milk for cheese production, and food service sales improved but still on the weak side; as we have another wild ride this week. Spot Market Recap […]
1/30/2021 Are we starting to find a bottom? The futures dropped on another dollar this week and then seemed to hold, with the production report up more than 3 percent and cold storage up […]
1/22/2021 It was fun while it lasted. This week took another sharp drop in the cheese market after disappointing numbers from the first round of buying in the latest Food Box program. Block price dropped […]
1/15/2021 More volatility this week as the USDA announced purchases of 40 million in cheese and 40 million in butter. These purchases are not connected to the food box program which added some extra support […]