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Monday, November 20, 2017
Global Dairy Platform appoints Fonterra CEO as board chairman
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Tuesday, November 14, 2017
Global Dairy Weekly (week ended Nov 10, 2017)
Philadelphia, PA- It was a tumultuous week in USA cheese markets. After closing at $1.7150/lb last Fri, blocks moved lower at the start of the week and bottomed at $1.6025/lb on Wed, but just one day later, shot up 11.25 cents and hit a hig ...
Tuesday, November 7, 2017
Global Dairy Weekly (week ended Nov 3, 2017)
Philadelphia, PA– USDA reported record high inventory numbers (privately held) for nonfat dry milk and dry whey on 30 Sep. Among our contacts, there isn’t a bull to be found in the powdered products business and our sources report dry whey ...
Monday, October 23, 2017
Global Dairy Weekly (week ended Oct 20, 2017)
Philadelphia, PA–Negative market sentiment moved into the USA from Europe this week. In nonfat dry milk, we are hearing lots of bearish views. Inventories are backing up as USA producers go head-to-head with European manufacturers, and now ...
Monday, October 16, 2017
Global Dairy Weekly (week ended Oct 13, 2017)
Philadelphia, PA–Market sentiment appeared to soften among our network this week. Most dairy product prices also ended the week lower. Nonfat dry milk prices fell 5.25 cents, blocks dropped 6.00 cents, and barrels decreased 6.75 cents. Spot ...
Monday, October 9, 2017
Global Dairy Weekly (week ended Oct 6, 2017)
Philadelphia, PA–For the third consecutive week, cheese prices rose at the CME. Blocks finished the week up 2.50 cents and barrels, up 5.25. Our sources also say fresh blocks and barrels were harder to find this week, but older cheese (more ...
Monday, October 2, 2017
Global Dairy Weekly (week ended Sep 29, 2017)
Philadelphia, PA-CME butter prices fell 13.25 cents this week with futures "limit down" today. Manufacturers report feeling inventories are more than adequate for domestic needs.
Monday, September 25, 2017
Global Dairy Weekly (week ended Sep 22, 2017)
Philadelphia, PA–Barrel cheese prices gained 15 cents with 60 loads changing hands in active trading sessions all week long. Blocks ended the week up one-quarter cent, while butter and nonfat dry milk prices finished the week unchanged.
Monday, September 18, 2017
Global Dairy Weekly (week ended Sep 15, 2017)
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 imp ...
Monday, September 11, 2017
Global Dairy Weekly (week ended Sep 8, 2017)
Philadelphia, PA–At the CME, block cheese prices rallied 10.25 cents, while barrels inched up 2.00 cents. We heard about another slug of American cheese exports booked this week. With cheese futures prices well below prices in the res ...
Tuesday, September 5, 2017
Global Dairy Weekly (week ended Sep 1, 2017)
Philadelphia, PA–At the CME, blocks ended this week down 11.00 cents, while barrels fell 3.75 cents. The price action caught many in our network by surprise. In the last two weeks, blocks have given up 21.50 cents; barrels, 23.00 cents.
Monday, August 7, 2017
Global cereal, dairy price indices rise in July; meat steady
Global prices of cereal and dairy commodities, besides that of sugar, rose in July, driving the food price index for that month to increase for the third consecutive month, the Food and Agriculture Organisation said.
Tuesday, July 4, 2017
Global dairy outlook brighter, says report
Higher farmgate prices and more favourable weather conditions are providing much-needed relief for the world's dairy farmers after a three-year decline in milk values, according to Rabobank's second-quarter dairy report for this year.
Thursday, August 25, 2016
China Whey Weekly: Strong global dairy markets lend support to China whey prices (week ended Aug 22, 2016)
Following the surge of dairy prices in Europe, price strengthened in the Oceania of late. Whey traders were therefore prudent in negotiating prices. Whey prices lacked the momentum to move higher.
Tuesday, August 23, 2016
Global dairy market showing signs of stabilisation
The global dairy market may be starting to return to balance as China's dairy imports climbed 26% in the 12 months through June and EU milk production slowed for the third month in May, according to a report from The New Zealand Herald.
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