KDM Trading Inc

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 […]

1/8/2021 Stimulus fever sent us on a rocket ride this week with more than a two dollar jump in the front months on futures.  We will see if it is justified in the coming weeks […]

12/31/2020 I guess 2020 is not quite done yet.  With another stimulus on its way and a new strain of Covid we are ending the year with more questions than answers.  This is creating a […]

12/18/2020 It was fun while it lasted.  This week we had a big run up on the class III price hitting with several months hitting $18.  Then Thursday showed up to knock the wind out […]

12/11/2020 The rumor mill is running wild.  This week we had a big push higher, culminating with a limit move up on Friday to then turn around and sell off by the end of the […]

12/4/2020 Is this a bottom or just a head fake?  The cash market is lower on the week but nothing like previous weeks.  On Thursday it posted positive gain but sold back off Friday to […]

11/20/2020 Is there a light at the end of the tunnel.  With Spot cheese giving up 27 cents in the blocks and 19 cents in the barrels it is hard to say anything positive.  The […]

11/13/2020 Another brutal week on the spot market with blocks losing 42 1/2 cents and barrels losing 70 3/4 cents.  There were 14 trades in blocks and 32 trades in barrels with buyers picking off […]

11/06/2020 Less than a week after spot barrels hit a new all-time record high, the rug was pulled out and both blocks and barrels took a dive. The block/barrel average went from $2.66 last week, […]

10/30/2020 The pace of spot cheese price increases continued to slow down this week, but not before barrels picked up another 7½¢ and reached a new all-time record high of $2.53/lb, eclipsing the old mark […]