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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.
Monday, October 15, 2018
Global Dairy Weekly (week ended October 12, 2018)
Philadelphia, PA - Across the board - butter, nonfat dry milk, and cheese - our network's tone dipped into price-negative territory this week.
Tuesday, October 9, 2018
Global Dairy Weekly (week ended October 5, 2018)
Philadelphia, PA - The new trade agreement with Canada dominated our conversations early in the week but by week-end, after realizing the trade deal will not having a meaningful effect for years, industry contacts moved on. More on that lat ...
Monday, October 1, 2018
Global Dairy Weekly (week ended September 28, 2018)
Philadelphia, PA - In the East and the Midwest this week, contacts report milk and cream supplies have tightened. We heard stories of rising premiums over Class and milk plants running below capacity due to a decrease in milk production tha ...
Monday, September 24, 2018
Global Dairy Weekly (week ended September 21, 2018)
Philadelphia, PA - After several weeks of leveling off, sentiment in our network ticked modestly more bullish this week. We picked up anecdotes of tightening cream and milk supplies in the Midwest and East. Export interest is holding steady ...
Monday, September 17, 2018
Global Dairy Weekly (week ended September 14, 2018)
Philadelphia, PA - Cheese prices ended the week much lower with barrels closing today down 8.00 cents vs. last Fri to $1.4200/lb and blocks down 5.75 cents to $1.6050/lb. The last time barrels were near this price level was on 30 Jul when b ...
Monday, September 10, 2018
Global Dairy Weekly (week ended September 7, 2018)
Philadelphia, PA - Beginning with butter, it was a choppy trading week. On Tue, butter lost a penny and on Wed, settled at a low of $2.1875/lb, down 2.75 cents from last week. Then on Thu, the market reversed course, and today, climbed to $ ...
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