September 18, 2017

Global Dairy Weekly (week ended Sep 15, 2017)

An eFeedLink Exclusive
 

By JERRY DRYER and MATT GOULD, DAIRY & FOOD MARKET ANALYST

Dairy product prices fall at the CME

Philadelphia, PA–At the CME, cheese, butter, and nonfat dry milk prices gave up ground this week. Our conversations turned to the farm-level. We picked up new rumors about milk price premium reductions for farmers in the Midwest and the implementation of a new two-tier pricing system in the southeast to more equitably share balancing costs. Several farmers lamented to us this week. There hasn’t been much fun at this milk prices.

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