The KDM Dairy Report 1/7/2023
1/7/2023 Happy New Year to everyone hope all had a good holidays. 2023 is starting off on a negative note as supply is out pacing demand. Exports to Europe have dropped which has freed up […]
1/7/2023 Happy New Year to everyone hope all had a good holidays. 2023 is starting off on a negative note as supply is out pacing demand. Exports to Europe have dropped which has freed up […]
12/17/2022 Selling pressure forced the spot market to drop at the end of the week, but futures held relatively steady. This next week Milk Production is out on Monday and Cold Storage is out on […]
12/10/2022 Mixed bag this week with a reload for Holiday demand but weaker exports. Barrels moved higher while blocks stayed relatively flat on only two trades. Powder did not trade this week and butter lost […]
12/2/2022 Some life has returned to the market. After several weeks of downward pressure Thursday of this week buyers returned to the Spot market and drove the prices back up 3.5 cents and 8 cent […]
11/19/2022 The market is cooling down after last weeks jump. With barrels back under $2. Blocks did move higher but did not have any trades this week and therefore, it is hard to say if […]
11/13/2022 Big up week for class 3 this week as the government announced a “Feed kids & Families” program for the end of the year. This will be 2 billion for protein purchases. That announcement […]
11/06/2022 After several weeks of down ward pressure the buyers showed back up this week on the spot market. This push the front months on the futures market back up including December which rose more […]
10/30/2022 Three weeks of negative pressure has turned class 3 milk into a bear. We had cold storage out this week which it was still up from last year but a good draw down from […]
10/16/2022 No report this week there will be a new report out next week. Feel free to give us a call this next week to discuss the markets. Thanks, KDM Trading
10/22/2022 After several strong weeks of higher prices, we saw a sell off this week pushing Dec 22 through the first quarter of next year into the 19’s. Milk production for September was up 1.6 […]