Speaking of Agri-Mark, the cooperative announced a few weeks ago that they are asking their dairymen to go rbST-free by August 2009. For all intents and purposes, the New England dairy industry will be “rbST-free” by the end of summer 2009. Facing the threat of losing markets for its highly successful Cabot brand of cheeses, cooperative owner Agri-Mark has told … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Block and barrel cheese prices strengthened the last week of January. The block price closed Friday morning at $1.15 per pound, up 7 1/2-cents on the week, 2 cents above support, but 65 cents below that week a year ago when blocks jumped 15 cents, to $1.80. Barrel finished the final week of January at … Read More
NMPF Urges Obama to Help Dairymen
With a new leadership team arriving this past week in the White House, and the U.S. Department of Agriculture, the National Milk Producers Federation (NMPF) today urged that they turn immediate attention to helping dairy farmers weather the crushing collapse in dairy prices. “The plight of dairy farmers is just part of the overall ongoing story of the global recession, … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash block cheese closed the Martin Luther King Day-holiday shortened week up a half-cent to $1.0750 per pound, but 57 1/2-cents below a year ago. Barrel closed at $1.10, up a penny on the week but 65 cents below a year ago. Twenty one cars of block traded hands and one of barrel. The NASS … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash cheese saw some ups and downs the second week of 2009 as it awaited Friday afternoon’s release of preliminary December milk production data and got word that the European Union is restarting its dairy export subsidies, something that will surely have repercussions on the world dairy market. The CME block price inched higher on … Read More
Milk Sales in China Recovered
According to an article posted this week on Dairy Herd Management, China’s dairy industry has reportedly made a “stunning recovery” following the melamine scandal last fall. Last month, sales of China-made milk were back up to 80 percent of the pre-scandal level, The Straits Times reported. The government acted quickly to restore consumer confidence. Inspections were beefed up. And, approximately … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash cheese prices have fallen below the government support level but ended the first full week of 2009 on an up note. The block price saw 17 consecutive trading sessions of loss before the bleeding stopped and rebounded 3 1/4-cents Friday, to close at $1.0725 per pound, down 6 cents on the week and 77 … Read More
Dairy Markets Week in Review Happy New Year! All eyes are on cheese prices where blocks plunged to the government support level Wednesday, closing the New Year’s holiday week at $1.1325 per pound, down 13 3/4-cents on the week, $1.02 below that week a year ago, and the lowest block price since March 2006. Barrel closed at $1.13, down 17 … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Cash cheese prices continued their descent Christmas Week, with block closing the shortened week at $1.27 per pound, down 3 1/4-cents on the week, 76 cents below a year ago, and just 14 cents above the government support price. Barrel closed Wednesday at $1.3075, down 4 3/4-cents on the week, 67 1/4-cents below a year … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The hemorrhaging continues in the cash cheese market where 40-pound block closed Friday at $1.3025 per pound, down 21 cents on the week and 64 3/4-cents below a year ago. The blocks have lost 50 cents in three weeks. The 500-pound barrels closed at $1.3550, down 16 3/4-cents on the week and 54 1/2-cents below … Read More