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Monday, March 29, 2021
Global Dairy Weekly (week ended March 26, 2021)
Batavia, NY - Alongside rising vaccinations and fewer state-level restrictions, our industry contacts are finally reporting improving sales of cheese and butter to foodservice customers. More on that in a moment.
Monday, March 22, 2021
Global Dairy Weekly (week ended March 19, 2021)
Batavia, NY - USA dairy market sentiment took a breather this week alongside worsening port problems in the West. We are told that dairy product inventories have started to back up again at port. The reversal in progress followed nearly two ...
Monday, March 15, 2021
Global Dairy Weekly (week ended March 12, 2021)
Batavia, NY - The market tone for most dairy products continued to firm this week, with most USA prices following international prices on an upward trajectory.
Monday, March 8, 2021
Global Dairy Weekly (week ended March 5, 2021)
Inflation in dairy? Batavia, NY - Concerns about inflation are dominating our conversations. In addition to higher feed costs, which equal more than $2.00/cwt, dairy farmers are now reporting double-digit percentage increases in the prices ...
Monday, March 1, 2021
Global Dairy Weekly (week ended February 26, 2021)
Batavia, NY - The USA dairy industry fully recovered from the outages in Texas this week as temperatures returned to above freezing. After new information, we now estimate farmers dumped a total of 90 million lbs of milk, about 0.4% of tota ...
Monday, February 22, 2021
Global Dairy Weekly (week ended February 19, 2021)
Batavia, NY - The extreme cold and associated energy problems caused significant disruptions at dairy processing plants this week. We are aware of plants that were either shuttered or running at reduced schedules in Texas, New Mexico, Kansa ...
Monday, February 15, 2021
Global Dairy Weekly (week ended February 12, 2021)
Batavia, NY – New details on additional government spending, and a cold snap, contributed to firmer market sentiment this week. More on the government spending in a moment.
Monday, February 8, 2021
Global Dairy Weekly (week ended February 5, 2021)
Batavia, NY - After the Senate passed a roughed-out version of a stimulus bill on Fri morning, USA cheese markets rallied. At this point it is too early to tell if the rally is justified. The Senate passed the bill through a special process ...
Monday, February 1, 2021
Global Dairy Weekly (week ended January 29, 2021)
Shipping problems pressure dairy prices
Monday, January 25, 2021
Global Dairy Weekly (week ended January 22, 2021)
Batavia, NY - The biggest news this week about the Farmers to Families Food Box program and USDA's rather confusing announcement. On Tue night, USDA sent an email announcing the purchase of $354 million in food boxes, far short of the expec ...
Monday, January 18, 2021
Global Dairy Weekly (week ended January 15, 2021)
Batavia, NY - Butter prices retreated for the third consecutive week. From our network we are picking up complaints about demand, concerns about growing production, and debate about the magnitude and significance of, what seems to be ever-i ...
Monday, January 11, 2021
Global Dairy Weekly (week ended January 8, 2021)
Batavia, NY - Block cheese prices made a 26.75-cent move higher this week because of USDA's decision to extend the Farmers to Families Foodbox program thru the end of Apr. More on that in a moment.
Monday, December 28, 2020
Global Dairy Weekly (week ended December 25, 2020)
The prospect of a stimulus bill caused dairy markets to swing this week. After news came out the passage of the bill was "imminent," barrel cheese prices shot up 15.25 cents and blocks, 9.75 cents. Butter caught a modest bid, rising 4.50 ce ...
Monday, December 21, 2020
Global Dairy Weekly (week ended December 18, 2020)
Batavia, NY - Beginning in the whey market, we continue to hear supportive elements. Dry whey exports were active this week as CME prices retreated modestly from the nearly two-year high set a week ago Thu. Additionally, contact reports pri ...
Monday, December 14, 2020
Global Dairy Weekly (week ended December 11, 2020)
By MATT GOULD, THE DAIRY MARKET ANALYST
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