Blimling and Associates Blog

According to the USDA/NASS Dairy Products Report, released at 2:00pm CT today:

July AMERICAN-TYPE CHEESE production @ 368.9 million pounds, up 4.0% versus July 2009 and down 0.3% from the previous month (that compares with an average June - July increase of 0.1% over the previous five years) 

July CHEDDAR CHEESE production @ 276.5 million pounds, up 2.6% versus July 2009 and down 3.3% versus the previous month (that compares with an average June - July decrease of 0.1% over the previous five years)

July MOZZARELLA CHEESE production @ 291.8 million pounds, up 6.6% versus July 2009 and up 0.4% versus the previous month (that compares with an average June - July decrease of  1.5% over the previous five years) 

July TOTAL CHEESE production @ 882.3 million pounds, up 4.7% versus July 2009 and up 0.2% versus the previous month (that compares with an average June - July decrease of 0.8% over the previous five years)

July BUTTER production @ 111.0 million pounds, down 2.9% versus July 2009 and down 5.3% versus the previous month (that compares with an average June - July decrease of 4.2% over the previous 5 five years)

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Dairy cow slaughter for the week ending August 21 was 50,665 head, down 12.9% from the same week last year.

This puts slaughter down 4.0% YTD through week 34.

Trading Event 27 was held today with the following results:

The average price for all AMF was 4,681 USD/MT FAS, up 8.8% from the August auction.

The average price for all SMP was 3,197 USD/MT FAS, up 15.4% from the August auction.

The average price for all WMP was 3,522 USD/MT FAS, up 18.4% from the August auction.

The average price of all BMP was 3,199 USD/MT FAS, up 10.1% from the August auction.

For more information as to what this might mean to the markets, request a free trial subscription to the Dairy Research Service.

Dairy cow slaughter for the week ending August 14 was 52,349 head, down 1.0% from the same week last year.

This puts slaughter down 3.7% YTD through week 33.

Dairy cow slaughter for the week ending August 7 was 56,609 head, up 14.6% from the same week last year.

This puts slaughter down 3.8% YTD through week 32.

According to the USDA/NASS Milk Production Report, released at 2:00pm CT today:

July 50-state MILK PRODUCTION @ 16.480 billion pounds, up 2.9% versus July 2009 levels. 

June 23-state MILK PRODUCTION @ 15.316 billion pounds, up 3.0% versus July 2009 levels. 

July 50-state COWS @ 9,145,000 head, down 42,000 head versus July 2009 levels and up 20,000 head from the June 2010 estimate (the June estimate was revised up 3,000 head, making for a 23,000 head report-to-report change)

July 23-state COWS @ 8,371,000 head, down 26,000 head versus July 2009 levels and up 19,000 head from the June 2010 estimate (the June estimate was revised up 5,000 head, making for a 24,000 head report-to-report change)

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Dairy cow slaughter for the week ending July 31 was 56,727 head, up 16.8% from the same week last year.

This puts slaughter down 4.3% YTD through week 31.

Dairy cow slaughter for the week ending July 24 was 53,421 head, up 7.4% from the same week last year.

This puts slaughter down 4.9% YTD through week 30.

Trading Event 27 was held today with the following results:

The average price for all AMF was 4,302 USD/MT FAS, down 6.9% from the July auction.

The average price for all SMP was 2,770 USD/MT FAS, down 9.7% from the July auction.

The average price for all WMP was 2,974 USD/MT FAS, down 7.8% from the July auction.

And, for the first time, butter milk powder (BMP) was offered.  The average price of all BMP was 2,905 USD/MT FAS.

For more information as to what this might mean to the markets, request a free trial subscription to the Dairy Research Service.

According to the USDA/NASS Dairy Products Report, released at 2:00pm CT today:

June AMERICAN-TYPE CHEESE production @ 370.4 million pounds, up 3.8% versus June 2009 and virtually unchanged from the previous month (that compares with an average May - June decrease of 4.0% over the previous five years) 

June CHEDDAR CHEESE production @ 286.3 million pounds, up 3.5% versus June 2009 and down 0.3% versus the previous month (that compares with an average May - June decrease of 4.2% over the previous five years)

June MOZZARELLA CHEESE production @ 290.8 million pounds, up 8.2% versus June 2009 and down 1.0% versus the previous month (that compares with an average May - June decrease of  2.1% over the previous five years) 

June TOTAL CHEESE production @ 881.8 million pounds, up 5.2% versus June 2009 and up 0.3% versus the previous month (that compares with an average May - June decrease of 2.7% over the previous five years)

June BUTTER production @ 118.3 million pounds, down 5.6% versus June 2009 and down 9.3% versus the previous month (that compares with an average May - June decrease of 14.2% over the previous 5 five years)

For more information on what this might mean to the market, request a free trial subscription.