it is no secret that U.S. dairy farmers have faced a great deal of milk price volatility in the past couple of decades

Dairy News as reported in the Washington Dairygrams for the August 25, 2020 issue of Hoard's Dairyman

Dairy News as reported in the Washington Dairygrams for the August 10, 2020 issue of Hoard's Dairyman

The global health pandemic has created never-before-seen changes to dairy markets. Let’s discuss these developments . . . through the lens of a psychological bias that has been particularly troublesome

Don’t underestimate the impact that government purchases are having on the dairy market

After four-plus years of being in the doldrums, milk prices finally started to pick up in the second half of 2019

Dairy News as reported in the Washington Dairygrams for the July 2020 issue of Hoard's Dairyman

The global outlook now is not nearly as dire as it was at the height of the COVID-19 crisis

Class III milk, not Class I, could be the price leader in June milk checks. “June’s Class III price (driven by cheese price gains) is expected to jump over $7 per hundredweight (cwt.)

“Employed people eat more pizza than unemployed people.” Or at least that is how I remember the quote

Dairy News as reported in the Washington Dairygrams for the June 2020 issue of Hoard's Dairyman

Dairy, like many other commodity markets, has seen ever increasing volatility over the course of the last several decades. That’s been further accentuated by the COVID-19 pandemic

The past three months brought unprecedented volatility to dairy markets due to the coronavirus pandemic. It is unprecedented, because CME Class III futures traded at both the lower and upper market limits

“Dairy markets are no longer volatile, they’re violent.” Those words emanated out of Mike North’s mouth and set into my brain as if instantly etched in stone

Agriculture commodity prices have been all over the board as markets adjusted to a variety of factors brought on by COVID-19

The coronavirus pandemic is a once in a generation event that has wreaked havoc on the dairy market. Prices have collapsed, supply chains are damaged, and milk dumping has tragically become widespread

Dairy markets have taken a tumble with the restrictions associated with the novel coronavirus. Milk usage has changed due to severe limitations on dining out

Dairy News as reported in the Washington Dairygrams for the May 25, 2020 issue of Hoard's Dairyman

Whether you’re talking about David Copperfield making the Statue of Liberty disappear or the CME cheese market, sometimes there just isn’t a rational explanation

It’s common to calibrate our expectations of an uncertain future around benchmarks in the past