Agriculture Secretary Ed Schafer told Congress that he would not endorse an outright ban on “downer” cows entering the food supply or back stiffer penalties for regulatory violations by meat-processing plants in the wake of the largest beef recall in the nation’s history. Appearing at a Senate Appropriations subcommittee hearing, Schafer said the department is investigating why it missed the … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Roller coaster cheese prices remain the center of attention. Trading the last week of February saw blocks hit $2.09 per pound before plunging to $1.99 on Thursday, but rebounded some Friday and closed at $2.07, down just a quarter-cent on the week but 72 1/2-cents above that week a year ago. Barrel closed at $1.97, … Read More
Dairyline Markets In Review
Dairy Markets Week in Review Recapping the markets, forty-pound block cheese picked up 2 1/4-cents on the shortened holiday week, closing at $2.0725 per pound, and 70 1/4-cents above a year ago. Five hundred pound barrel closed Friday at $2.02, up 3 cents on the week, and 67 cents above a year ago. Two cars of block traded hands on … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The cash cheese market this week seemed to ignore the anticipated Friday afternoon January Milk Production report and added to the 34-cent gain of the previous two weeks. Blocks topped $2.00 again, skyrocketing to $2.1150 on Thursday, but closed at $2.05, with Friday’s trading holding at $2.05 per pound, up 6 cents on the week … Read More
New Zealand's Fonterra to Build Plant
A new milk powder plant will be built in New Zealand by the dairy cooperative Fonterra. The plant will take advantage of the projected growth in the international ingredients market. Construction is expected to be finished by the end of the year. The construction, which will be situated at the company’s Edendale site in Southland, has been commissioned in preparation … Read More
Dairyline Markets in Review
Dairy Markets Week in Review Cash cheese prices keep defying expectations and fundamentals. Blocks closed Friday just shy of the $2.00 mark, at $1.99 per pound, up 19 cents on the week, following the previous week’s 15-cent gain. It’s also 64 1/2-cents above that week a year ago. Barrel closed at $1.9375, up 15 3/4-cents on the week, and 61 … Read More
Dairyline Markets in Review
Dairy Markets Week in Review The “experts” are scratching their heads again over the cheese market. Forty-pound block started the final week of January with a rally, jumping 9 cents Monday morning and hit $1.74 per pound, with 13 trades taking place and 11 bids going unfilled. The next day the price dropped 2 1/2-cents, on 11 trades, but eight … Read More
Dairyline Markets in Review
Dairy Markets Week in Review Block cheese closed the Martin Luther King holiday-shortened-week at $1.65 per pound, unchanged on the week, but still 30 1/4-cents above a year ago. Barrel closed at $1.75, down 5 1/4-cents on the week, but 38 1/2-cents above a year ago. Only two cars of barrel were traded on the week. The NASS-surveyed U.S. average … Read More
Pa. Revises Label Guidelines
The state of Pennsylvania has announced that it will revise its original plan to ban milk processors from using labels that such as “No BST” from milk and dairy products. Instead, new guidelines will require that labels not be misleading and that there be a paper trail that can verify the claims made on the labels. For instance, a label … Read More
IDFA Supports Moratorium
International Dairy Foods Association (IDFA) President and CEO Connie Tipton has announced the support of the association’s dairy processors to FDA’s announced continued moratorium on milk and food from cloned animals. Portions of the statement appear below. “We applaud Acting Secretary of Agriculture Chuck Connor for his common sense decision to continue the moratorium on milk from cloned animals while … Read More