in 1997, the Chicago Mercantile Exchange, now simply known as the CME Group, officially became the marketplace for participants in the dairy industry to manage price risk
Farm gate margins were very good in the fourth quarter . . . will dairy farmers be quick to boost milk production after a multi-year bearish market that did significant damage to their finances?
China is hungry for dairy products. During 2018, China purchased $10.8 billion in dairy products from around the globe — making dairy China’s second-largest agricultural import behind soybeans
Much attention has been given to improving milk prices witnessed during the final months of 2019, along with the forecast for sustaining these much welcomed higher dairy prices into 2020
Most dairy producers will remember the last five years as an extended period of low prices. Consider how the world has changed over this same time span
Tighter global milk supplies will provide a firm floor under dairy product prices over the next 12 months. Class III and Class IV contracts are unlikely to spend much — if any — time below...
A great superhero needs a great super villain. To be candid, I’ve never had a more difficult time trying to think about the outcome of an upcoming year’s milk price battle as I have at this...
The Federal Milk Marketing Order (FMMO) pool, specifically the financial benefits of the Class I beverage market, has often been described as a golden goose
If you’ve got money in your bank account, does that mean your farm is profitable? If your farm is profitable, does that mean you must have enough cash to pay all your bills?
When a professor instructs students to get out their calculators, a feeling of relief usually falls over the classroom as students are able to use a tool to solve a multifaceted problem
Despite some significant headwinds, 2018 was a record year for U.S. dairy exporters. Export volume was up 10 percent from the prior year, led by all-time highs in overseas shipments of nonfat dry milk