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Saturday, March 10, 2018
Rising prices of grains, dairy products drive global food costs up in February
Rising world prices for grains and dairy products pushed global food prices up in February, according to the UN Food and Agriculture Organisation.
Monday, March 5, 2018
Global Dairy Weekly (week ended Mar 2, 2018)
Philadelphia, PA–Blocks and barrels gained this week, up 6.50 cents and 1.50 cents respectively. We heard mixed reports this week on both new cheese export orders and domestic demand. Opposite of the price action, the bears in our network w ...
Tuesday, February 27, 2018
Global Dairy Weekly (week ended Feb 23, 2018)
Philadelphia, PA-After rising last week, CME cheese markets moved lower during this Holiday-shortened trading week. Blocks ended down 4.50 cents; barrels, down 2.0 cents from last Fri's close. The block-barrel spread normalized and settled ...
Monday, February 19, 2018
Global Dairy Weekly (week ended Feb 16, 2018)
Philadelphia, PA–Butter markets chopped around all week long. On Mon, spot prices settled at $2.03/lb. But by Thu, prices had surged with one load trading as high as $2.1850/lb before markets walked lower to $2.15/lb on that day. Today, sel ...
Monday, February 12, 2018
Global Dairy Weekly (week ended Feb 9, 2018)
Philadelphia, PA-In cheese markets, the news was quiet this week. Exports were reported to us as moderately firmer following an uptick in prices elsewhere in the world. More on that later. We picked up mixed reports on domestic demand this ...
Tuesday, February 6, 2018
Global Dairy Weekly (week ended Feb 2, 2018)
Philadelphia, PA-CME dairy product prices were relatively stable this week. Blocks fell one cent while barrel prices added one-half cent. Butter closed the week down 1.50 cents, and nonfat dry milk ended the week up 1.25 cents.
Monday, January 29, 2018
Global Dairy Weekly (week ended Jan 26, 2018)
By JERRY DRYER and MATT GOULD, DAIRY & FOOD MARKET ANALYST
Tuesday, January 23, 2018
Global Dairy Weekly (week ended Jan 18, 2017)
Philadelphia, PA–Our sources in the block market became less negative in their market views this week, but barrel market participants have not changed their bearish tone. Today the market closed with barrels at a 22-cent discount to blocks.
Monday, January 8, 2018
Exportable dairy surpluses to pressure global markets
Exportable dairy surpluses across the export regions has gained momentum, but the growth comes with challenges, according to the fourth-quarter 2017 RaboResearch report.
Wednesday, December 27, 2017
Global Dairy Weekly (week ended Dec 22, 2017)
Philadelphia, PA–Negativity seemed to spread in the USA this week. Farmers that we spoke to lamented the below cost of production prices. In 1Q18, Class III and IV futures now start in the $13s. Processors, having filled holiday deman ...
Monday, December 18, 2017
Global Dairy Weekly (week ended Dec 15, 2017)
Philadelphia, PA–Our conversations this week centered on the barrel cheese market. The block-barrel spread set a new record with blocks settling 22.5 cents below barrels on Tue. Blocks rallied in the middle of the week to reduce some ...
Tuesday, December 12, 2017
Global Dairy Weekly (week ended Dec 8, 2017)
Philadelphia, PA–Barrels settled above blocks for the second consecutive week and for the 15th day in the last 30. The market closed today with barrels at a 19.50-cent premium to blocks. This is a far cry from the long-term average. Histori ...
Tuesday, December 5, 2017
Global Dairy Weekly (week ended Dec 1, 2017)
Philadelphia, PA– On Monday, barrels fell 8.5 cents and blocks gave up 6.0 cents. Then on Tue, barrels lost another 5.0 cents, while blocks gained back the 6.0 cents given up a day earlier. By week-end, barrels had managed to lose a t ...
Monday, November 27, 2017
Global Dairy Weekly (week ended Nov 24, 2017)
Philadelphia, PA– Spot dairy prices were mixed during this holiday-shortened trading week. Blocks closed today down 1.00 cent compared to settlement last Fri, while barrels increased 4.75 cents. USA nonfat dry milk prices ticked 1.25 cents ...
Tuesday, November 21, 2017
Global Dairy Weekly (week ended Nov 17, 2017)
Philadelphia, PA- The CME milk powder market finished the week up 0.25 cents. After lagging for several weeks, we did hear spot transactions picked up the pace this week. Additionally, winning sellers were announced for large Mexican and Al ...

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