Is There Really Too Much Milk?
Milk futures have taken a beating over the past month with prices experiencing very few days of higher closes. Technically, futures should be about ready to rebound in price retracing some of the losses experienced during that period of time. By: Robin Schmahl
Fewer farms and more cows
How the landscape is changing for the dairy industry. By: Robin Schmahl
How Long Will Strong Milk Prices Last?
Dairy prices have been holding well in the face of strong milk production and growing inventory. This certainly is positive as it holds out the hope that demand will increase and spring flush volumes will be absorbed without a serious decline of prices. BY ROBIN SCHMAHL.
It's all about the cheese
Recent headlines proclaim U.S. cheese inventories are reaching levels of the mid-1980s, when semi-annual bumps to the dairy support price drove so much cheese production, USDA had to store the stuff in Kansas City caves.
Milk Futures Appear to be Panic-Driven
It is good to see spot cheese and butter prices continuing to trade sideways despite bearish fundamentals. Unfortunately, prices are substantially lower than we would like to see compared to 2015 and 2014.
5 Dairy Market Lessons Learned in 2014
2014 may have been a year of record-high milk prices, but it also carried some lessons for the dairy industry:
Butter reaches another all-time high price
The cash price for butter topped a new-all time high Thursday, reaching $2.84 a pound on the Chicago Mercantile Exchange.
What’s Driving Cheese Prices to Near-Record Highs?
AgDairy Market Update. Robin Schmahl is a commodity broker and owner of AgDairy LLC, a full-service commodity brokerage firm located in Elkhart Lake, Wis. He provides dairy market insight.
After #Dairy’s Good 2013 Year, What’s Next?
While reduced feed costs and good milk prices look promising, it’s unclear how potentially higher milk production, feed quality issues and exports will play out.
#World Dairy Demand Provides Plenty of Opportunity
While domestic weather conditions and milk production command attention, providing quality dairy products to a hungry world market should be the focus.