A Lot Of Uncertainty
May 21, 2013 — Even with a good corn and soybean crop, it looks like we are still going to have some issues. FC Stone dairy economist Bill Brooks shares some insight on what he is looking at in the months ahead.
Archive for the ‘Market Analysis’ Category
Cash Dairy Prices Continue to Show Strength
April 9, 2013 — The cash dairy markets continue to show improvement. We asked Matt Mattke from Stewart-Peterson, Inc. the reason for increase on Tuesday’s DairyLine program.
Cheese Prices Expected to Recover
March 12, 2013 — Cheese prices at the Chicago Mercantile Exchange are expected to rise in the coming months. Matt Mattke, Sr. Dairy Market Strategist with Stewart Peterson shares his insights on Tuesday’s DairyLine broadcast.
Market Talk with Bill Brooks
March 5, 2013 — FC Stone dairy economist Bill Brooks joined us on DairyLine Tuesday to talk about the markets and the validity of the Milk-Feed Price Ratio.
March Class I is $17.80
February 21, 2013 — The Agriculture Department announced the March Federal order Class I base milk price this afternoon at $17.80 per hundredweight, down 41 cents from February but $1.50 above March 2012, and equates to about $1.53 per gallon. That put the 2013 Class I average at $18.33, up from $17.38 at this time a year ago and compares to $16.44 in 2011.
The AMS surveyed butter price averaged $1.5393 per pound, up 1.1cent from February. Nonfat dry milk averaged $1.5644, up fractionally. Cheese averaged $1.6480, down 10.6 cents, and dry whey averaged 63.99 cents, down 1.4 cents.
Courtesy the Mielke Market Weekly
Class III Milk Price Begins Year On Down Note
January 30, 2013 — The January Federal order (FO) Class III milk price begins 2013 on a down note although it’s the highest January price in five years. The Agriculture Department announced the benchmark price at $18.14 per hundredweight (cwt.), down 52 cents from December but $1.09 above January 2012, and equates to about $1.56 per gallon.
The January FO Class IV price is $17.63, down 20 cents from December and $1.07 above a year ago.
The four-week, AMS-surveyed cheese price used in calculating the FO prices averaged $1.7485 per pound, down 4.4 cents from December. Butter averaged $1.5066, down 9.2 cents. Nonfat dry milk averaged $1.5601, up 2.2 cents, and dry whey averaged 65.03 cents, down 1.1 cents.
California’s comparable 4a and 4b prices will be announced by the California Department of Food and Agriculture on Friday.
Courtesy of Mielke Market Weekly
Latest on MILC Payment Projections
January 29, 2013 – Dairy economist Brian Gould from the University of Wisconsin shares with DairyLine Radio listeners the latest projections the Milk Income Loss Contract.
February Federal Order Class I Price Drops 76 Cents
January 16, 2013 — The February Federal order Class I base milk price was announced by USDA today at $18.21 per hundredweight (cwt.), down 76 cents from January but $1.18 above February 2012, and equates to about $1.57 per gallon. That put the two-month average at $18.59, up from $17.92 a year ago and $15.55 in 2011.
The two-week, AMS-surveyed butter price averaged $1.5280 per pound, down 8 1/2-cents from January. Nonfat dry milk averaged $1.5603, up 1.6 cents. Cheese averaged $1.7535, down 7.2 cents, and dry whey averaged 65.36 cents, down a half-cent from January.
Courtesty of Mielke Market Weekly
Marketing Milk For 2013: Don’t Go It Alone
November 21, 2012 — Some dairymen are taking a “wait and see” attitude heading into 2013. Scott Stewart of Stewart-Peterson, Inc. tells us why everyone should be prepeared for volatility and risk in this month’s edition of “At the Corner of Strategy and Discipline.”
What Happens If Nothing Gets Done?
September 18, 2012 — It’s unlikely that a Farm Bill is going to get passed this week. What happens now? Mark Stephenson from the Center for Dairy Profitability shared with us his insights on Tuesday’s DairyLine Radio.
