The KDM Dairy Report 1/21/2024
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. […]
Posts containing the KDM Dairy Report
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 […]
12/3/2023 The Cheese market has turned more negative in recent weeks as the holiday buying period has not produced a rally. Overall cheese is relatively in balance. Cold storage came down a little last […]
11/18/2023 The Cheese market lost more ground this week as December class 3 futures sunk back into the 16s. Demand is on par with last year domestically but the economy is starting to show signs […]
11/11/2023 The cheese market is showing some cracks as demand is still behind supply. Milk production is not increasing but cheese plant capacity is more then enough to overwhelm demand. Exports have continued to struggle […]
11/4/2023 A little rebound in the price mid week with a sell off on Friday. Good domestic demand a lack of exports and plenty of cheese production capacity has the market treading water in a […]
10/29/2023 Spot prices have held steady the last couple of week as October comes to a close. The spot prices calculate out to a class 3 price of $17.12 and the last NDPSR comes in […]
10/16/2023 Another notch higher for whey this week as it makes its slow climb out of the basement. Every penny higher in dry whey is 6 cent higher in class 3. A little bit slower […]