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Monday, February 11, 2019
Global Dairy Weekly (week ended February 8, 2019)
Philadelphia, PA - Block Cheddar prices finished the week at the highest level since mid-Oct and barrel prices settled today and yesterday at a three-month high. What's going on out there?
Monday, February 4, 2019
Global Dairy Weekly (week ended February 1, 2019)
Philadelphia, PA– The Midwest was beaten up this week by the Polar Vortex which also negatively impacted milk and cheese production, and moderately disrupted logistics. The most extreme report we heard was from a Wisconsin butter maker: -40 ...
Monday, January 28, 2019
Global Dairy Weekly (week ended January 25, 2019) (week ended January 25, 2019)
Philadelphia, PA - The CME dry whey market gave up ten cents during this Holiday-shortened trading week. The big move happened on very little "new" news.
Tuesday, January 22, 2019
Global Dairy Weekly (week ended January 18, 2019)
Philadelphia, PA- The general tone of our network cooled off a bit this week following several consecutive weeks of increasingly bullish conversations.
Tuesday, January 15, 2019
Global Dairy Weekly (week ended January 11, 2019)
Philadelphia, PA- At this time last year, dairy markets were in the doldrums. Many Class III and Class IV futures contracts were in the $13s and our contacts were full of pessimism. In our first report of 2018, we wrote: "Saying sentiment i ...
Monday, December 24, 2018
Global Dairy Weekly (week ended December 21, 2018)
Philadelphia, PA - The CME dry whey market bottomed at $0.3900/lb in early Jul. Since then, prices have rallied as high as $0.5750/lb in mid-Oct and retreated to a low of $0.42/lb in late Nov.
Tuesday, December 18, 2018
Global Dairy Weekly (week ended December 14, 2018)
Philadelphia, PA - Sentiment in the nonfat dry milk market firmed this week alongside news that the European Commission sold a weighty volume of milk powder. More on that in a bit. In the USA, our network says nonfat dry milk exports are be ...
Tuesday, December 11, 2018
Global Dairy Weekly (week ended December 7, 2018)
Philadelphia, PA- In the cheese business, our contacts continue to be very price-negative. They say supplies are "excessive" and markets, "sloppy." That being the case, low prices in the USA are attracting foreign buyers, according to sever ...
Tuesday, December 4, 2018
Global Dairy Weekly (week ended November 30, 2018)
Philadelphia, PA - Butter makers are doing their best to reduce inventories before the end of this year’s holiday demand season which is being described to us as "decent," but not spectacular.
Wednesday, November 21, 2018
3rd Global Dairy Innovation Congress MENA to be held Jan 2019
No Abstract
Monday, November 19, 2018
Global Dairy Weekly (week ended November 16, 2018)
Philadelphia, PA - The general tone of dairy markets firmed slightly this week with our conversations dominated by talk of slowing milk supply growth, especially in the East and parts of the Midwest.
Tuesday, November 13, 2018
Global Dairy Weekly (week ended November 9, 2018)
Philadelphia, PA- The tone in the cheese market softened this week. Blocks put in a low we haven't seen since Mar17 as the price ticked lower three out of five days this week. Cheese exports remain challenged and growth in domestic demand, ...
Monday, November 5, 2018
Global Dairy Weekly (week ended November 2, 2018)
Philadelphia, PA - This week we picked up increasingly mixed views about dairy market direction with bulls and bears becoming louder and stronger in their opinions. This is a change from the more neutral and subdued views which have dominat ...
Monday, October 29, 2018
Global Dairy Weekly (week ended October 29, 2018)
Philadelphia, PA - On Wed, barrel prices fell to the third-lowest level since 2011: $1.2075/lb. Futures markets moved substantially this week with the Nov Class III contract giving up 45 cents. What happened?
Monday, October 22, 2018
Global Dairy Weekly (week ended October 19, 2018)
Philadelphia, PA – Bearish market views increased, moderately, throughout our network this week. This happened while many in the industry met up at conferences in Chicago, Singapore, and South Korea.
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