I think we’ve hit a pocket of weak demand with buyers pushing back at the higher price levels,” StoneX analyst Nate Donnay ...
Spot prices ticked up to $2.6125 per pound, gaining $0.0125. Class III futures rose on the heels of CME cheese, with February and March contracts settling at $20.60 and $20.27 per hundredweight, up 33 ...
And then there was quiet. After a week of see-saw action in the spot cheese market, Friday’s CME cheddar prices finished ...
The Agriculture Department announced the final Federal order Class III milk price of 2024 at $18.62 per hundredweight, down $1.33 from November, but $2.58 above December 2023. It’s the lowest Class ...
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Cash dairy prices were mostly lower on the Chicago Mercantile Exchange ... The USDA’s latest Cold Storage report pegs November cheese stocks at more than 1.3 billion pounds, down one percent from the ...
As the industry awaits the results of the USDA referendum, this Market Intel will break down the differences between the ...
As of mid-December, CME dairy futures indicated that the average All-Milk ... channeled into new cheese processing capacity coming online. Lower forecasted cheese and butter prices have driven the ...