top of page

Enter your email below to subscribe to our weekly newsletter!
Enter your email below to subscribe to our weekly newsletter!

Milk, Dairy and Grain Market Commentary
Class III futures came roaring back this week, led by a sizable rally in the cheese markets. USDA’s Dairy Market News reports that...
Apr 19, 20243 min read
State Board Probation Hearing for Tulare Lake Subbasin Coming Up
On Tuesday, April 16, 2024, the State Water Resources Control Board will conduct a hearing to consider putting the Tulare Lake Subbasin...
Apr 12, 20244 min read

Milk, Dairy and Grain Market Commentary
The dairy markets got off to a strong start this week, led by a historic move in butter. CME spot butter traded thrice at $2.97 per pound...
Apr 12, 20244 min read

Milk, Dairy and Grain Market Commentary
U.S. dairy exports have struggled for the past year as weak global demand and uncompetitive prices caused exports to trail prior year...
Apr 5, 20244 min read

Milk, Dairy and Grain Market Commentary
On Monday, the USDA announced that it had identified the mystery disease affecting dairy cattle in Kansas and Texas as Highly...
Mar 29, 20244 min read
Mid-Kings River GSA Holds Meeting Ahead of State Probationary Hearing
It was a big week in Hanford, California for the Mid-Kings River Groundwater Sustainability Agency (MKRGSA), one of the five...
Mar 22, 20243 min read

Milk, Dairy and Grain Market Commentary
Despite signs of continued contraction, the dairy markets just keep dropping. CME spot Cheddar blocks led the retreat. They fell 7.75ȼ...
Mar 22, 20244 min read

Milk, Dairy and Grain Market Commentary
Indecision continued to pervade the dairy markets this week as the price of most products waffled close to recent levels. While the...
Mar 15, 20244 min read

Milk, Dairy and Grain Market Commentary
The dairy markets are feeling around for a bottom. April through July Class III futures notched life-of-contract lows this week.
Mar 8, 20244 min read
Water Muddle
It has been a while since I wrote something on water for the Friday Report. That is not because there is nothing happening, but rather...
Mar 7, 20245 min read

Milk, Dairy and Grain Market Commentary
It was a rough week on LaSalle Street. The trade had hoped that lower milk output and a smaller dairy herd would propel the markets upward.
Mar 1, 20244 min read

Milk, Dairy and Grain Market Commentary
The U.S. dairy industry continues to shrink. In the latest Milk Production report, USDA trimmed its estimates of 2023 milk...
Feb 23, 20243 min read

Milk, Dairy and Grain Market Commentary
USDA released its 2022 Census of Agriculture earlier this week, providing the latest installment of the once-every-five-year report on...
Feb 16, 20244 min read
A Very Significant Producer Review Board Meeting This Week
Anyone following the California dairy producer community over the past number of years realizes that the issue of quota has been – and...
Feb 9, 20246 min read

Milk, Dairy and Grain Market Commentary
After a period of exuberance, the dairy markets ran into some resistance this week. Though milk supplies are far from plentiful, demand...
Feb 9, 20244 min read
It’s a Wrap for the Federal Milk Marketing Order Hearing
With a smile, The Honorable Judge Jill Clifton ended the Federal Milk Marketing Order Hearing (FMMO) on Tuesday, January 30, 2024, at...
Feb 2, 20243 min read

Milk, Dairy and Grain Market Commentary
With the benefit of hindsight, USDA now believes there were many fewer dairy heifers on hand at the beginning of 2023 than previously...
Feb 2, 20244 min read

Milk, Dairy and Grain Market Commentary
Milk production growth in the U.S. sputtered at the end of 2023, leaving the full year result nearly unchanged from the year prior. After...
Jan 26, 20244 min read
Federal Milk Marketing Order Hearing Week 11
The National Federal Milk Marketing Order (FMMO) hearing that started back in late summer resumed for week 11 on Tuesday. Most of the...
Jan 19, 20247 min read

Milk, Dairy and Grain Market Commentary
Most Americans are irate about an unwelcome invasion across our unprotected border. I’m talking, of course, about the blast of cold air...
Jan 19, 20243 min read
bottom of page