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Monday, September 3, 2018
Global Dairy Weekly (week ended August 31, 2018)
Philadelphia, PA – Retail demand was one of the most common topics in our conversations during this news-filled week. For cheese and butter, we've picked up numerous reports of robust domestic demand. This is partially being driven by heavy ...
Wednesday, August 29, 2018
Global Dairy Weekly (week ended August 24, 2018)
Philadelphia, PA - The tone in the market for most dairy products is firming. Beginning in the dry whey business, we hear the supply-demand situation tightened further this week. We picked up new stories of buyers having difficulty securing ...
Monday, August 20, 2018
Global Dairy Weekly (week ended August 17, 2018)
Philadelphia, PA - In the milk powder market, the tone grew firmer throughout the week. We're hearing about an uptick in interest out of Mexico and also more skim milk powder exports to other destinations.
Monday, August 6, 2018
Global Dairy Weekly (week ended August 3, 2018)
Philadelphia, PA - Talk of heat and milk supplies dominated our conversations this week. Fat levels in milk have reportedly decreased due to summertime temperatures which have contributed to firmer cream prices in much of the USA.
Tuesday, July 31, 2018
Global Dairy Weekly (week ended July 27, 2018)
Philadelphia, PA - Our conversations this week focused on the government's "plan" to spend billions to compensate agriculture for the trade disputes with China and Mexico. If realized, this financial support would offset much of t ...
Monday, July 23, 2018
Global Dairy Weekly (week ended July 20, 2018)
Philadelphia, PA– Export orders, heat out West, and a recall of dry whey were the most common topics in our conversations this week. These factors contributed to a firmer tone in our network compared to recent weeks where the focus of discu ...
Monday, July 16, 2018
Global Dairy Weekly (week ended July 13, 2018)
Philadelphia, PA - While trade and trade disputes still dominate our conversations, we are beginning to pick up a firmer market tone in our discussions. We do not think that USA dairy markets are about to rocket higher, but increasingly it ...
Monday, July 2, 2018
Global Dairy Weekly (week ended June 29, 2018)
Philadelphia, PA-Feelings of uncertainty hit what seemed to be an all-time high in our network this week. We've heard several contacts say, they've "never been so confused by the dairy business." Talk of trade wars, government int ...
Thursday, June 28, 2018
Global Dairy Weekly (week ended June 22, 2018)
Philadelphia, PA - President Trump's trade war is on. Following last week's $50 billion worth of retaliatory tariffs from China, Europe and India issued retaliatory tariffs of their own this week affecting $3.4 billion and $235 million of U ...
Tuesday, June 19, 2018
Global Dairy Weekly (week ended June 15, 2018)
Philadelphia, PA - Dairy market sentiment was subdued for another week. Bulls have quieted down in our network as bears gain confidence. Then today, China announced planned tariffs on USA dairy products.
Wednesday, June 13, 2018
Global Dairy Congress Asia 2018: Understanding dairy supply and demand drivers
Half supply-intensive, half demand-centric, the 4th Global Dairy Congress Asia was held on June 11 and 12th at Singapore's Holiday Inn Hotel. Over two days participants examined numerous Asian dairy production and consumption drivers.
Monday, June 11, 2018
Global Dairy Weekly (week ended Jun 8, 2018)
Philadelphia, PA - With the exception of the whey market, sentiment in our network weakened this week. Just about every conversation we had focused on the trade dispute with Mexico. More on that later.
Monday, June 4, 2018
Global Dairy Weekly (week ended Jun 1, 2018)
Philadelphia, PA - This week, talk of a trade war with Mexico - the USA largest dairy trading partner - coincided with the challenges of processing milk through Memorial Day weekend. Our network certainly became more anxious this week. Espe ...
Monday, May 28, 2018
Global Dairy Weekly (week ended May 25, 2018)
Philadelphia, PA - With Memorial Day almost here, many of our sources were primed to talk weather. In dairying regions of Texas and New Mexico, temperatures reached the high-90s this week. Next week, dairying parts of California will experi ...
Monday, May 21, 2018
Global Dairy Weekly (week ended May 18, 2018)
Philadelphia, PA - Sentiment in the cheese market took a downtick this week. Contacts, especially those that are domestic-facing, indicated a general loosening in the marketplace, particularly for barrels.
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