DWR Makes Initial SGMA Determinations
Eight and a half years after the passage of the Sustainable Groundwater Management Act, the California Department of Water Resources...
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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, 20232 min read
Good News on the Water Front
Last week we reported that Governor Newson had issued an Emergency Order that paved the way for the State Water Board to...
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, 20233 min read
Complicated, but Significant Positive News on the Water Front
With the imminent threat of losing hundreds of thousands of acre-feet of stored water to the ocean, Governor Newsom on Monday issued...
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
Delta Pumping Up 400% Since January 9; Water Blueprint Submits Letter to State Leaders
Some good news to report this week on the water front. Exports scheduled today from the state pumps are 9,500 cubic feet per second...
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
Water Update
Water was the dominate theme this week in California. After three very dry years, the winter of 2023 is starting to look wet.
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, 20223 min read
It is Raining and Snowing!
As we end 2022, the weather has turned very wet throughout California. What a blessing. While having a wet winter will not by itself...
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 9, 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...
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