The KDM Dairy Report 1/29/2023
1/22/2023 The class 3 market is leveling off from the last couple of weeks drop. Both Milk Production and Cold Storage were out this week, and both reports came out neutral to supportive. Milk Production […]
1/22/2023 The class 3 market is leveling off from the last couple of weeks drop. Both Milk Production and Cold Storage were out this week, and both reports came out neutral to supportive. Milk Production […]
1/22/2023 Big crash in the spot market this week with a smaller then expected drop in Class 3 futures. With big swings in the market the futures have become slow to respond. Good domestic demand […]
1/14/2023 Volatile week in spot cheese. With large moves each day, up one day and down the next, has left most traders scratching there heads on a direction. Demand has been good but the mild […]
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 […]