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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
Monday, December 7, 2020
Global Dairy Weekly (week ended December 5, 2020)
Batavia, NY - Government intervention is again cropping up as a meaningful market risk. Going into the weekend, there are two different stimulus bills being considered with ramifications for dairy. One bill reportedly provides the Secretary ...
Monday, November 30, 2020
Global Dairy Weekly (week ended November 27, 2020)
Batavia, NY - For the first time in four weeks, cheese prices didn't decline. Barrel cheese ended the holiday-shortened trading week unchanged while blocks finished up 3.50 cents. A number of people reached out to us this week asking the sa ...
Tuesday, November 17, 2020
Global Dairy Weekly (week ended November 13, 2020)
Batavia, NY - Cheese prices have been in absolute freefall. In the last two weeks, block prices have dropped by a total of 86.5 cents, the largest two-week drop ever record. Barrel prices have decreased by 92 cents, which is comparable to t ...
Monday, November 9, 2020
Global Dairy Weekly (week ended November 6, 2020)
Batavia, NY - Block and Barrel Cheddar prices tumbled this week and both posted double-digit declines. What changed?
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