The KDM Dairy Report 12/10/2022
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 […]
12/10/2022 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 […]
10/30/2022 Three weeks of negative pressure has turned class 3 milk into a bear. We had cold storage out this week which it was still up from last year but a good draw down from […]
10/16/2022 No report this week there will be a new report out next week. Feel free to give us a call this next week to discuss the markets. Thanks, KDM Trading
10/22/2022 After several strong weeks of higher prices, we saw a sell off this week pushing Dec 22 through the first quarter of next year into the 19’s. Milk production for September was up 1.6 […]
10/7/2022 Demand has started to return to the domestic market right as the foreign markets have started to cool. Strong up swing this week as buyers return to the domestic cheese market. This is typically […]
9/30/2022 A big gap has been forming between the blocks and the barrels this last couple of weeks, as it stretched to nearly 30 cents before coming back a little on Friday. With strong exports […]