The KDM Dairy Report 5/14/2022
5/14/2022 NDPSR last priced in at $25.24 which is the highest it has been in the last couple of years. With good demand in cheese and whey hold on in the high 60s class 3 […]
5/14/2022 NDPSR last priced in at $25.24 which is the highest it has been in the last couple of years. With good demand in cheese and whey hold on in the high 60s class 3 […]
5/6/2022 Class 3 has been trading side ways in that last couple of weeks. With the average prices for the next two years near all time highs, the bullish news needs to continue for the […]
4/29/2022 The roller coaster continues. Last week the class 3 market was pushing $25 only to sell back off to the low $24, and then buy mid week class 3 is heading back up. With […]
4/8/2022 As class 3 knocks on the door of $25 we have started to see some resistance. Class 3 popped over $25 early this week to them sell back off below $24. Prices are still […]
4/14/2022 The Markets and KDM Trading will be closed on April 15 in observance of Good Friday. We will be back open on Monday April 18. There will also not be a report this week. […]
4/8/2022 Class 3 futures push back toward $25 again and this time cash is leading the way. With new highs in cash; blocks at $2.32 and barrels at 2.3675 class 3 prices out at $24.45. […]
3/25/2022 Class 3 futures push above $25 as cash cheese pushes to new highs on the year. As the market tries to gauge what the world supply and demand will look like the the next […]
3/18/2022 The war in Ukraine is still the main mover in the markets. With the uncertainty of milk and grain production and/or demand in Europe; we have seen a roller coaster of prices based more […]
2/25/2022 High volatility in all commodities right now it with Putin’s war throwing supplies of gains and fuel into question. With Ukraine accounting for 16% of global corn exports and 12% of wheat the price […]
2/25/2022 Dairy put in new highs this week as the market tries to figure out what to make of the current world events. With a lower milk production and inflation fears already pushing commodities higher, […]