Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Entries for month: December 2009

Weekly Slaughter

Dairy cow slaughter for the week ending December 19 was 52,312 head, down 0.1% from the same week last year.

 

This puts slaughter up 244,000 head year-over-year, YTD through week 51.

 

Category: Flashes

CME Spot Markets 12/31/09

Block cheese closed at $1.4500/lb, unchanged with 4 trades.

Barrel cheese closed at $1.4300/lb, unchanged with no trades.

Butter closed at $1.3275/lb, unchanged with no trades.

Grade A NDM closed at $1.3700/lb, unchanged with no trades.

Extra Grade NDM closed at $1.4000/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 12/31/09

Cadbury's Bidding War Breaks Out

Denmark Seeks Cheese Protection

AMPI Plant Thriving 5 Years After Fire

PepsiCo Joint Venture Acquires Egyptian Company

 

Category: Headlines

CME Spot Markets

Block cheddar cheese closed at $1.4500/lb, down $0.0500/lb with 6 trades.

Barrel cheese closed at $1.4300/lb, unchanged with no trades.

Butter closed at $1.3275/lb, unchanged with no trades.

Grade A NDM closed at $1.3700/lb, unchanged with no trades.

Extra Grade NDM closed at $1.4000/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 12/30/09

Cadbury Update is Delayed as Kraft Deadline Looms

 

Category: Headlines

CME Spot Markets 12/29/09

Block cheddar cheese closed at $1.5000/lb, down $0.0200/lb with 2 trades.

Barrel cheese closed at $1.4300/lb, down $0.0025/lb with 1 trade.

Butter closed at $1.3275/lb, unchanged with no trades.

Grade A NDM closed at $1.3700/lb,unchanged with no trades.

Extra Grade NDM closed at $1.4000/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 12/29/09

Cropp: Milk Prices Will Keep Rising with Less Cows, Production

Warrnambool Chees and Butter Rejects Takeover 

Category: Headlines

CME Spot Markets 12/28/09

Block cheddar cheese closed at $1.5200/lb, down $0.0475/lb with 4 trades.

Barrel cheese closed at $1.4325/lb, down $0.0075/lb with 2 trades.

Butter closed at $1.3275/lb, unchanged with no trades.

Grade A NDM closed at $1.3700/lb, unchanged with no trades.

Extra Grade NDM closed at $1.4000/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 12/28/09

Vermont Supply Management Plans Gain Momentum

Milk Futures Expected to Rise 39% in 2010

Ferrero Shows Interest in Cadbury

2009 Was Difficult Year for Dairy Industry, Agriculture

Carney: Cheese Purchase Important Step Toward Helping Dairy Farmers

  

Category: Headlines

CME Spot Markets 12/24/09

Block cheddar cheese closed at $1.5675/lb, down $0.0225/lb with 3 trades.

Barrel cheese closed at $1.4400/lb, unchanged with no trades.

Butter closed at $1.3275/lb, unchanged with no trades.

Grade A NDM closed at $1.3700/lb, unchanged with no trades.

Extra Grade NDM closed at $1.4000/lb, unchanged with no trades.

Category: From the Trading Floor

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