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Monday, July 27, 2020
Global Dairy Weekly (week ended July 27, 2020)
Philadelphia, PA - Block cheese prices decreased throughout most of this week. Since reaching a record high of $3.00/lb last Mon, block prices have declined by a total of 46 cents. Barrels, on the other hand, have not declined. This has res ...
Sunday, July 26, 2020
Global dairy output seen to rise over the next decade
Over the next decade, global milk production is expected to increase by 1.6% annually, based on the latest published report on the World Agricultural Outlook for 2020-2029, AHDB reported.
Tuesday, July 21, 2020
Global Dairy Weekly (week ended July 17, 2020)
Philadelphia, PA - Block cheese prices were sent tumbling this week after hitting an all time record high of $3.00 per lb on Mon. By week-end, blocks had declined a total of 34.00 cents from the high and were 25.50 cents less than the price ...
Monday, July 13, 2020
Global Dairy Weekly (week ended July 10, 2020)
Philadelphia, PA - Block cheese prices set another record this week reaching $2.9150/lb on Fri. While blocks gained, barrel cheese prices fell. This caused a second record: the highest spread between blocks and barrels ever recorded: $0.575 ...
Thursday, July 9, 2020
Demand for New Zealand's whole milk powder leads to higher prices at Global Dairy Trade auction
Prices at a Global Dairy Trade auction rose sharply on the morning of July 8 due to strong demand for New Zealand's biggest export, whole milk powder (WMP).
Monday, July 6, 2020
Global Dairy Weekly (week ended July 3, 2020)
Philadelphia, PA - Cheddar cheese did shake loose during the holiday-shortened trading week. For more than a month, we have had contacts guessing, "cheese prices will break next week." It hasn't happened yet.
Monday, June 29, 2020
Global Dairy Weekly (week ended June 26, 2020)
Philadelphia, PA - Block cheese was the most exciting commodity this week. Spot cheese prices made consecutive highs to start with week: $2.7025/lb on Mon and $2.81/lb on Tue. Then on Wed, the CME market value gave up all of the gains and t ...
Monday, June 22, 2020
Global Dairy Weekly (week ended June 19, 2020)
Philadelphia, PA - Block Cheddar cheese prices set another record this week settling on Fri at $2.65/lb, an all-time high. This week, for the first time, our contacts broadly started using the word "shortage" to describe Cheddar c ...
Monday, June 15, 2020
Global Dairy Weekly (week ended June 12, 2020)
Philadelphia, PA - Block Cheddar cheese prices reached a historic level on Monday: $2.585/lb, the highest price ever recorded. But throughout the rest of the week, cheese prices retraced those gains and then some Jul cheese futures ended th ...
Tuesday, June 9, 2020
Global dairy prices start to ease
Dairy prices worldwide are settling down after the COVID-19 pandemic triggered a hike in prices, Rural News Group reported.
Monday, June 8, 2020
Global Dairy Weekly (week ended June 6, 2020)
Philadelphia, PA - Block cheese prices ended Fri at the highest level ever recorded: $2.5525/lb. The previous high of $2.45/lb was set up in Sep 2014.
Monday, May 18, 2020
Global Dairy Weekly (week ended May 15, 2020)
Philadelphia, PA - Dairy product prices surged this week in a jaw-dropping fashion. Blocks and barrels ended this week up by nearly a half-dollar. Butter gained 35.50 cents and nonfat dry milk prices were up 11.00 cents. Futures prices have ...
Monday, May 11, 2020
Global Dairy Weekly (week ended May 8, 2020)
Philadelphia, PA - CME markets rallied this week with all products finishing the week higher. The most important factor in markets right now is Uncle Sam. More on that in a bit.
Monday, April 27, 2020
Global Dairy Weekly (week ended April 24, 2020)
Philadelphia, PA - After several months of price-negative news, dairy market sentiment is shifting to be less bearish. Please note: this does not mean bullish.
Thursday, April 23, 2020
Global dairy prices plunge to lowest level
Dairy prices have dropped to their lowest level in over a year in the global dairy auction overnight, with the average price falling 4.2% to US$2,836 (NZD4,747) per tonne.
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