The KDM Dairy Report 10/07/2023
10/7/2023 Pretty good volume on the CME this week led by dry whey with 55 trades. With China on the sidelines for most of this year exports are off and there are more loads going […]
10/7/2023 Pretty good volume on the CME this week led by dry whey with 55 trades. With China on the sidelines for most of this year exports are off and there are more loads going […]
9/30/2023 More weakness in the spot market as loads traded 50 cents less than NDPSR. October which is typically a strong month for Class 3, but this year that is getting turned on its head. […]
9/23/2023 Milk production was out this week. It was down 0.6 which means the cows were dealing with the heat better than most people thought. Also with the jump in price exports tapered off. This […]
9/17/2023 Higher prices are starting to take a bite out of demand. With the rest of the worlds dairy prices bellow the US. Export demand has tapered off. Still good exports to Mexico and steady […]
9/9/2023 Another week of tightening supply, with heat still persisting into September milk availability has pushed prices above class. Domestic demand is good and exports are strong to Mexico but Asia has been quite. This […]
8/27/2023 There was no report last week do to technical difficulties. This week saw class 3 push back into the mid 18s for the next six months. This has be a place where the market […]
8/13/2023 Buyers stepped in this week and move the market higher with spot block prices hitting 1.99 and spot barrel prices reaching 1.825. Up dates this week note slowing demand at these prices, especially for […]
8/5/2023 Buyers and sellers have both stepped back from the spot market as lighter trade left the markets moving sideways. From reports of tighter 30 day old cheese and prices above the world market this […]
7/29/2023 Some support showed up in the futures market this week. After last weeks jump there was some skepticism that prices would hold this week. Cash took a dip in prices but ended the week […]
7/23/2023 Some life in the class 3 market. This week saw the biggest jump in the class 3 market in months. This was mostly do to spot cheese this week which went up 28 and […]