03/27/2020 While there was pressure all week on spot butter and NDM prices, cheese managed to hang in there until Friday, when a good and proper puking was had. The block/barrel spread narrowed by 20¢, […]

03/20/2020 Mass school closings, social distancing and the dramatic reduction in the movement of people across the country were enough to accelerate another sell-off this week. Spot prices for all components were lower, with NDM […]

03/13/2020 Covid-19 continued to dominate all markets as everything from stocks to commodities sold off. Block cheddar jumped 12¼¢ with fairly active bidding and just 4 trades as sellers were less willing to part with […]

03/06/2020 All it took was a relapse in spot barrels and ongoing coronavirus fears to drive futures lower, despite the other spot components all finishing the week higher. Trading was most active in NDM as […]

02/28/2020 Coronavirus panic had its way, with the stock market seeing its worst weekly loss since 2008. The “risk-off” mentality by investors spilled in to the commodity markets as well, with everything from crude oil […]

02/21/2020 The block/barrel spread continued to shrink this week as blocks gave in under selling pressure, while barrels managed a small gain, putting it at 17¾¢ premium to blocks. Volume was heaviest in butter as […]

02/14/2020 After peaking at an all-time record wide block/barrel spread of 46¢ last week, the market seemed determined to narrow it to a more reasonable number. And narrow it did, by nearly half, with the […]

02/07/2020 With the number of confirmed coronavirus cases tripling since last Fridaty and the death toll climbing, spot markets continued to drift lower in the beginning of the week. But block cheese eventually found a […]

01/31/2020 Following contra-seasonal gains last week, spot cheese was put back in its place as buyers retreated to the sidelines, allowing offers to walk prices lower all week. Just 3 loads of barrels exchanged hands […]

01/24/2020 Both blocks and barrels finished the week higher, as unusual, anti-seasonal buying behavior continued in the spot market. Some chinks in the rally may have appeared, however, as Friday’s settlement saw a decline from […]