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Mar 3, 20234 min read
Milk, Dairy and Grain Market Commentary
The dairy markets are reeling after a bruising week on LaSalle Street. March Class III milk eked out a 3ȼ gain, and November and...

Feb 24, 20234 min read
Milk, Dairy and Grain Market Commentary
Rested up after a long weekend, the cheese markets came charging out of the gates. CME spot Cheddar blocks leapt 8ȼ on Tuesday.

Feb 17, 20234 min read
Milk, Dairy and Grain Market Commentary
Activity at the spot market in Chicago was mixed this week as prices moved modestly up and down, testing new boundaries.

Feb 10, 20234 min read
Milk, Dairy and Grain Market Commentary
Milk is abundant and trading at steep discounts in the cheese states. For the seventh straight week, cheesemakers in the Upper...

Feb 3, 20234 min read
Milk, Dairy and Grain Market Commentary
The dairy markets have digested a lot of bad news over the past few months. A renewed focus on economic and demographic slowdown in...

Jan 27, 20234 min read
Milk, Dairy and Grain Market Commentary
U.S. milk output was not as strong as anticipated in December. Clocking in at 18.9 billion pounds, it was just 0.8% higher than...

Jan 20, 20234 min read
Milk, Dairy and Grain Market Commentary
The bears were out in force this week, pressuring the dairy markets to new lows as supplies accumulated and global demand prospects dimmed.

Jan 13, 20234 min read
Milk, Dairy and Grain Market Commentary
The cheese markets came charging out of the gates on Monday. CME spot Cheddar blocks leapt 14.25ȼ, and barrels added a dime. The strong...

Jan 7, 20234 min read
Milk, Dairy and Grain Market Commentary
The holiday hangover hit hard this year. The cheese markets got off to a particularly rough start, with big losses both Tuesday...

Dec 30, 20224 min read
Milk, Dairy and Grain Market Commentary
In a year full of drama, the butter market was a sensation all its own. It began the year at a relatively lofty height, suffered a...

Dec 16, 20223 min read
Milk, Dairy and Grain Market Commentary
Like a sack of gifts down a chimney flue, the cheese markets landed with a thud. CME spot Cheddar blocks dropped 11.75ȼ to $1.9775 per...

Dec 10, 20224 min read
Milk, Dairy and Grain Market Commentary
The dairy markets are in transition. The factors that propelled milk prices above $25 per cwt. this summer – a sustained global milk...

Dec 2, 20224 min read
Milk, Dairy and Grain Market Commentary
As befits the season, the dairy markets had a lot to digest over the past two weeks. They headed into the Thanksgiving weekend with a...

Nov 18, 20224 min read
Milk, Dairy and Grain Market Commentary
After sprinting straight uphill last week, the dairy markets paused to catch their breath and, in some cases, to retreat to less...

Nov 11, 20224 min read
Milk, Dairy and Grain Market Commentary
The bulls are back in town. Class III milk futures leapt to their highest values in a month or more, and Class IV contracts staged...

Nov 4, 20224 min read
Milk, Dairy and Grain Market Commentary
Sky-high prices scared away buyers, and the CME spot butter market plummeted on Halloween, dropping below $3 per pound for the first...

Oct 28, 20224 min read
Milk, Dairy and Grain Market Commentary
Global milk output has been in decline for a full year, muffling anxieties about the impact of sky-high dairy prices and a strong...

Oct 21, 20224 min read
Milk, Dairy and Grain Market Commentary
U.S. dairy producers forged ahead in September, posting increases in milk production for the third consecutive month. Totaling...

Oct 14, 20224 min read
Milk, Dairy and Grain Market Commentary
Another sizzling inflation report from the Bureau of Labor Statistics suggests that U.S. consumers are feeling pinched from all sides...

Oct 7, 20224 min read
Milk, Dairy and Grain Market Commentary
The butter market has outdone itself once again. On Wednesday it climbed to $3.24 per pound, matching the all-time high set in September.
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