NEAR-TERM FUTURES CLIMBED 15 cents through February trading to reach a $14.55 average for March to August Class III contracts, with a low of $13.84 for April to a $15.61 high for August
EVEN THOUGH NEW ZEALAND MILK FLOW FELL 2 percent due to an extended drought, Europe’s high stocks of skim milk powder have been weighing down worldwide milk protein prices
CLASS III FUTURES FELL NEARLY $3 per cwt. over the past six months. In August 2017, February to July 2018 contracts averaged $16.70 on the CME. In early January, that same portfolio traded at $13.90
As printed in our January 10, 2018 issue . . .THE 2018 ALL-MILK PRICE COULD AVERAGE $16.50 per cwt., down $1.15 from 2017 and only 20 cents better than 2016, predicted NMPF’s Peter Vitaliano in his
CLASS III FUTURES FELL 65 CENTS from November to early December trading on the CME to settle at a $14.75 average. January to June 2018 Class III contracts ranged from $14.40 to $15.30
As printed in our November 2017 issue . . . FOR 45 STRAIGHT MONTHS, U.S. MILK FLOW has expanded. Overall, 17 of the 23 major dairy states produced more milk in September with Texas up 10 percent
As printed in our September 25, 2017 issue . . . DAIRY PRODUCT CONSUMPTION CLIMBED to 646 pounds for every U.S. citizen . . . based on a milk equivalent, milkfat basis scale. Over the pas
FDA APPROVED USING ULTRAFILTERED MILK to manufacture standardized cheeses. The approval process took nearly two decades for the product that has been filtered to remove some of the water and lactose
As printed in our August 25, 2017 issue . . .BUTTERFAT PRICES SURGED to $2.95 per pound this July, reported Federal Milk Marketing Order administrators
As printed in our August 10, 2017 issue . . .CLASS III FUTURES HELD STEADY shifting only 25 cents during early to late July trading on the CME. August to December contracts averaged $16.85 at the maga
As printed in our July 2017 issue . . .WISCONSIN, MICHIGAN, AND NEW YORK accounted for 44 percent of the nation’s milk growth from 2010 to 2016. Wisconsin climbed 4.1 billion pounds or 10.2 percent
As printed in our June 2017 issue . . .CLASS III FUTURES CLIMBED 15 CENTS during early April to late May trading to average $16.90 per cwt. for the remainder of 2017
As printed in our April 25, 2017 issue . . .CLASS III FUTURES SHOWED IMPROVEMENT, climbing by 30 cents from late-April to mid-May trading. At a $16.45 average for the remainder of the year, September�
THE DAIRY TRADE DISPUTE between the U.S. and Canada continues to garner national and international headlines with New Zealand and Australia now joining the U.S. in challenging Canada’s new tar
As printed in our April 25, 2017 issue . . .SOME U.S. PROCESSORS SHED PATRONS after Canadian authorities shut down market access to ultra-filtered milk sales. According to a February 24, 2017, B
As printed in our March 25, 2017 issue . . .AT A $16 AVERAGE, remaining 2016 Class III futures retreated $1.50 per hundredweight from mid-February to final March trading activity. Contracts ranged fro
