Groundwater Sustainability Agency Tidbits
There is a lot of activity going on right now in the Groundwater Sustainability Agencies (GSAs) I cover for Milk Producers Council.
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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, 20222 min read
National Milk Producers Federation Agrees on a Path Forward for Updating FMMO
This past week National Milk Producers Federation, which represents most of the dairy farmer-owned cooperatives in the country...
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
Landowners Pushback in Greater Kaweah Groundwater Sustainability Agency
At the end of September, the Board of Directors of the Greater Kaweah Groundwater Sustainability Agency (GKGSA) took action to...
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, 20222 min read
The Producer Review Board has a Meeting
On Monday, October 3, the Producer Review Board (PRB) met in Modesto and tackled a significant agenda. Normally approving the minutes...
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.
Sep 30, 20224 min read
Greater Kaweah Groundwater Sustainability Agency Board Adopts a Groundwater Allocation
This week, the Board of the Greater Kaweah Groundwater Sustainability Agency (GSA) adopted a groundwater allocation for landowners...
Sep 30, 20224 min read
Milk, Dairy and Grain Market Commentary
Football season is in full swing, and fans are enjoying their favorite game with a feast of queso and nachos. Demand for fresh...
Sep 23, 20224 min read
Milk, Dairy and Grain Market Commentary
U.S. milk output grew decisively last month, at least in comparison to the very low production reported in August 2021.
Sep 16, 20224 min read
Milk, Dairy and Grain Market Commentary
Butter conquered unexplored elevations this week, and it made the trek look easy. On Tuesday CME spot butter jumped 7ȼ to $3.24 per...
Sep 9, 20224 min read
Milk, Dairy and Grain Market Commentary
The butter market leapt to an all-time high Wednesday and just kept climbing. CME spot butter closed today at $3.17 per pound, up 6.5ȼ...
Sep 2, 20223 min read
Milk, Dairy and Grain Market Commentary
The bulls remain in charge in the butter pit. CME spot butter added another 1.75ȼ this week and reached $3.10 per pound, tied for the...
Aug 26, 20224 min read
Milk, Dairy and Grain Market Commentary
utter buyers are anxious. There were just 314.4 million pounds of butter in cold storage at the end of July, 5.4% less than a year ago...
Aug 19, 20224 min read
Milk, Dairy and Grain Market Commentary
Market observers are paying close attention to an evolving global milk production scenario as many key supply regions witnessed a...
Aug 12, 20222 min read
Governor Newsom Makes a Big Water Announcement
As regular readers of this newsletter know, Milk Producers Council was a strong supporter of the More Water Now initiative effort...
Aug 12, 20224 min read
Milk, Dairy and Grain Market Commentary
On the heels of persistent declines, most products at the CME managed to stop the slide this week. While some modest increases suggest...
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