The KDM Dairy Report 10/04/2019
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 […]
Posts containing the KDM Dairy Report
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. […]
08/16/2019 Dairy spot prices all settled higher on the week, with the block/barrel average setting a new multi-year high at $1.82/lb. We haven’t seen an average cheese price that high since November, 2016. Barrel and […]
08/09/2019 Spot cheese swung back to the positive this week, with blocks settling at a price not seen since Nov 2016. Barrels lagged behind, keeping the spread wide and the block/barrel average at $1.79. Spot […]
08/02/2019 Spot cheese gave up some ground this week, settling at an average $1.76/lb. Blocks seem somewhat well supported with underlying bids in most sessions and just 3 trades, but barrel offers helped widen the […]