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Monday, January 20, 2020
Global Dairy Weekly (week ended January 17, 2020)
Philadelphia, PA - Exports, foreign purchasing, and trade agreements dominated our conversations this week. We’ll try to cover it all.
Monday, January 13, 2020
Global Dairy Weekly (week ended January 10, 2020)
Philadelphia, PA - This week, barrel cheese prices retreated to the lowest levels in seven months reaching $1.5175/lb on Thu. How come?
Thursday, January 9, 2020
Global dairy prices rise almost 3% in first auction of 2020
Low supply pushed global prices of dairy products up at the first auction of the year on Tuesday, Jan. 7, with the GDT [Global Dairy Trade] Price Index climbing 2.8% and the average selling price settling at US$3,371 per tonne, Reuters repo ...
Monday, December 23, 2019
Global Dairy Weekly (week ended December 20, 2019)
Philadelphia, PA - CME butter prices broke thru the $2.00-lb threshold today after spending three weeks below that level. Will butter become a run-a-way market? We still don't think so.
Tuesday, December 17, 2019
Global Dairy Weekly (week ended December 13, 2019)
Philadelphia, PA - Cheddar cheese prices declined this week in a record fashion. Barrel markets gave up a total of 53.25 cents –the largest weekly decrease in barrel prices ever recorded. Blocks also finished the week lower, down 17.25 cent ...
Tuesday, December 10, 2019
Global Dairy Weekly (week ended December 6, 2019)
Philadelphia, PA - Renewed reports of Chinese purchasing in the USA drove CME whey prices to a two-month high this week. Foreign feed companies appear to be anticipating a rebound in China's pig herd and contacts also report the whey permea ...
Tuesday, December 3, 2019
Global Dairy Weekly (week ended November 29, 2019)
Pavilion, NY - CME butter prices gave up ground for the second consecutive week and finished today at the lowest price level since 15 Nov 2016.
Tuesday, November 26, 2019
Global Dairy Weekly (week ended November 22, 2019)
Philadelphia, PA - We picked up anecdotes this week of barrels becoming slightly more available. Despite this, our contacts still describe the market as "relatively tight." They told us, "If you need barrels, you can find the ...
Friday, November 22, 2019
Global dairy prices go up for fifth consecutive time
No Abstract
Tuesday, November 19, 2019
Global Dairy Weekly (week ended November 15, 2019)
Philadelphia, PA - Out in the countryside, we heard blocks and barrels became more available this week. For both products - if you wanted them, you could find them. This is a change from the shortage mentality that has dominated markets for ...
Tuesday, November 12, 2019
Global Dairy Weekly (week ended November 8, 2019)
Philadelphia, PA- Block cheese prices retreated this week and settled today at the lowest price level in more than two weeks. The phone rang. "Have cheese prices finally peaked?"
Tuesday, November 5, 2019
Global Dairy Weekly (week ended November 1, 2019)
Philadelphia, PA - The cheese market continues to draw the attention of the industry. Barrel prices have increased by a total of 67 cents in the last five weeks, and blocks, 20 cents.
Tuesday, October 29, 2019
Global Dairy Weekly (week ended October 25, 2019)
Philadelphia, PA - Cheddar prices managed to post double-digit gains this week, despite price-negative USDA Milk Production and Cold Storage reports. Barrels ended this week up 25 cents and settled today at the highest price level in five y ...
Monday, October 21, 2019
Global Dairy Weekly (week ended October 18, 2019)
Philadelphia, PA - Firm domestic demand has been a critical factor behind the run higher in cheese prices with blocks peaking at $2.2375/ lb on 16 Sep and barrels, on Tue, at $2.025/lb.
Monday, October 14, 2019
Global Dairy Weekly (week ended October 11, 2019)
Philadelphia, PA - This week, barrel prices rushed higher, adding a total of 23.25 cents. Blocks were up 10.75 cents, and the block-barrel spread finished today at an 81-day low of 7.75 cents per lb.
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