The KDM Dairy Report 3/10/2024
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 […]
3/10/2024 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 […]
1/21/2024 Sad day for the cheese heads out there as an exciting season came to an end. A bit like the cheese market, there is plenty of promise out there for higher cheese prices. […]
1/7/2024 Hope everyone had a good holiday, welcome to 2024. Milk outputs have increased and with bottling down for the holidays more milk moved into manufacturing. We continue to see steady volumes show up […]
12/17/2023 New lows in class 3 this week on the futures as the blocks and barrels moved lower on Friday. Holiday demand has not tightened up the cheese this year and some extra loads have […]
12/10/2023 I recommended selling last and then the market rallied. It was looking like I missed that call until the sell off mid week. Overall the class 3 market is in-balance, and domestic demand […]