The KDM Dairy Report 10/25/2019
10/25/2019 Spot barrels ripped 25¢ higher on just nine loads trading, leaving it at its highest price since August, 2014. Blocks gained 15½¢ to help put the block/barrel average at a new multi-year high of […]
10/25/2019 Spot barrels ripped 25¢ higher on just nine loads trading, leaving it at its highest price since August, 2014. Blocks gained 15½¢ to help put the block/barrel average at a new multi-year high of […]
10/18/2019 Spot Grade A NDM continued to march into new multi-year highs this week, reaching a level not seen since Nov 2014, but sellers took control of spot cheese, pushing blocks back below $2.00/lb. Dry […]
10/11/2019 Barrel cheese was the star this week, gaining 23¼¢ and settling above $2/lb for the first time in 5 years. Block cheese was solidly higher as well, putting the block/barrel average at $2.06/lb and […]
10/04/2019 A record-breaking 80 loads of dry whey traded in this week’s spot market as the demand picture has weakened. Inventories are starting to build and the continuing spread of African Swine fever to other […]
09/27/2019 Barrel cheese managed to finish the week unchanged, but blocks gave up another 8¼¢. Buyers were really no where to be seen until Friday, when both blocks and barrels managed to claw back some […]
09/20/2019 After pushing in to new highs on Monday, the spot market began to give up some ground on Tuesday, before completely falling apart on Wednesday and Thursday. Friday’s spot session saw the return of […]
09/13/2019 Wow! Is the dust settled yet? Spot cheese ripped higher this week, slicing through the $2 barrier like a buzzsaw, without so much as a glance back. The block barrel average now sits at […]
09/06/2019 Spot cheese continued to show strength this week, with the block price hitting a level not seen since the last administration was in office; Nov 2014. Settling at $1.99¾/lb, it came within a tick […]
08/30/2019 The spot block/barrel average hit a new multi-year high of $1.83/lb this week, with blocks also trading into a multi-year high of $1.93. But it was barrels with the stronger gain on the week, […]
08/23/2019 Block cheese set a new multi-year high of $1.91/lb on Tuesday, before backing off and finishing the week unchanged. Barrel cheese and butter went into free-fall, however, giving up a dime and 11¼¢ respectively. […]