The KDM Dairy Report 4/21/2024
4/21/2024 Good rally this week as the class 3 market pushes into the 18s for most months left in 2024. Friday had the strongest showing in the spot market with blocks moving 7 cent […]
4/21/2024 Good rally this week as the class 3 market pushes into the 18s for most months left in 2024. Friday had the strongest showing in the spot market with blocks moving 7 cent […]
4/14/2024 A little life on Friday. Still looking at class 3 in the 15s on spot market, but still moved higher on good volume. Currently there is enough milk for manufacturing. Although there are […]
4/7/2024 It has been a couple of weeks from my last report. Easter is now in the rear view mirror and there is only one more game left for college basket ball. Domestic demand […]
3/17/2024 A little life in class 3 this week. With the news of a virus drying up cows in Texas class 3 futures took a run higher. From what we have heard the virus […]
3/10/2024 Spot cheese crashed this week dropping to levels we have not seen sense the beginning of this year. More and more we are hearing about dairies heading to auctions as current price are […]
3/3/2024 Cold storage is winning the day this week at the market turned more negative. Whey also took a hit this week as sellers returned to the cash market. The lack of demand from […]
2/25/2024 Production report gave a bullish spin this week as futures rallied. Cow numbers are where most of the focus is and why the production report was running bullish. Down 21,000 head from last […]
2/17/2024 The NFL season is done and behind us. Typically the cheese buyers slow at this point as the next big demand bump is a couple of months away. However end user inventories are […]
2/4/2024 A good rally this week in cash which push the futures up a dollar. This is the first life we have really seen on the buy side in the last month. With cow […]
1/28/2024 A little life at the end of the week for the class 3 milk market. With milk production and cow numbers down from a year ago, the buyers showed back up and push […]