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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.
Monday, October 7, 2019
Global Dairy Weekly (week ended October 4, 2019)
Philadelphia, PA - Nonfat dry milk prices continued to run higher and marked the ninth consecutive week of gains. This week, we heard about sales to Mexican buyers and also new skim milk powder orders from customers in other markets. There ...
Monday, September 30, 2019
Global Dairy Weekly (week ended September 27, 2019)
Pavilion, NY - Many in the industry gathered this week at the ADPI Dairy Ingredients seminar in Santa Barbara, CA. Our sources at the conference reported the tone as steady-to-firm. We also caught wind of a few more international sales. CME ...
Monday, September 23, 2019
Global Dairy Weekly (week ended September 20, 2019)
Philadelphia, PA– Following last week's price run higher, this week, blocks gave up much of what was gained and barrels lost all of the gains, plus some. Compared to two weeks ago, blocks finished up 5.25 cents; barrels, down 8.75 cen ...
Monday, September 16, 2019
Global Dairy Weekly (week ended September 13, 2019)
Philadelphia, PA– Cheese. Cheese. Cheese. Tha's what our conversations were about this week. On Mon, blocks added one-quarter of a cent and hit $2.00/lb for the first time in nearly five years. Then on Tue, block prices began to take ...
Monday, September 9, 2019
Global Dairy Weekly (week ended September 6, 2019)
Philadelphia, PA– Block cheese prices continued to rally this week but were unable to break $2.00/lb and finished the week just shy of that level at $1.9975/lb, still a nearly five-year high. Nov 2014 was the last time prices were near thes ...
Monday, September 2, 2019
Global Dairy Weekly (week ended August 30, 2019)
Philadelphia, PA– After last week's Cold Storage report, we were asked, "How low will butter prices go?" The market gave its response this week: "Not too much lower."
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