Blimling and Associates Blog

MD Dairy Shipped Tainted Milk to Middle School

MI Co-op at Center of Contaminated Milk Scare

WI Farmers Union Delegates Back Dairy-Crisis Solutions

Chinese Investors Eye New Zealand's Dairy Sector

Cheese Manufacturer Coming to Humboldt

Natural Dairy to Buy $1.1 Billion Asset in New Zealand

No Economic Case for Chinese Dairy in NZ

Dairy Equity Makes Deal for Fonterra Fair Value Shares 

Block cheddar cheese closed at $1.2800/lb, up $0.0100/lb with 6 trades.

Barrel cheese closed at $1.2725/lb, up $0.0075/lb with 8 trades.

Butter closed at $1.4800/lb, up $0.0050/lb with no trades.

Grade A NDM closed at $1.1350/lb, up $0.0100/lb with no trades.

Extra Grade NDM closed at $1.1200/lb, unchanged with no trades.

WI Legislature Considers Easing Raw Milk Regs

Fonterra Says Milk Prices Stabilizing Amid Improved Demand

Members' Trust in Managers at Co-op Rewarded by Lost Millions

Block cheddar cheese closed at $1.2700/lb, unchanged with no trades.

Barrel cheese closed at $1.2650/lb, unchanged with 5 trades.

Butter closed at $1.4750/lb, unchanged with 1 trade.

Grade A NDM closed at $1.1250/lb, up $0.0100/lb with no trades.

Extra Grade NDM closed at $1.1200/lb, unchanged with no trades.

ASDA Axes 200 Dairy Farmers

Northeast Ag Leaders Seek More Dairy Support

2010 Dairy Prices Sway Operator's Way - For Now

A Look at Global Economic Developments

Early Dry Off Urged in Drought-Stricken Waikato

Dairy Farmers Trust Was Let Down, Say MPs

NZ Rejects US Senators' Claims on Dairy Trade

Subway to Introduce Breakfast Menu

Cheese Prices Hold at $1.27

UK Milk Prics Not Sufficient

NZ: Drought Sapping Milk Production in Northland by 29%

Consumption of Meat, Dairy Products Not Linked to Global Warming

According to the USDA/NASS Cold Storage Report, published at 2:00pm CT today:

February 28 AMERICAN-TYPE CHEESE stocks @ 597.0 million pounds, up 10.2% year-over-year and up 1.6% versus January 2010 (that compares to an average January-to-February increase of 3.0% over the previous five years).

February 28  TOTAL CHEESE stocks @ 983.6 million pounds, up 10.2% year-over-year and up 1.1% versus January 2010 (that compares to an average January-to-February increase of 2.1% over the previous five years).

February 28  BUTTER stocks @ 198.1 million pounds, down 3.3% year-over-year and up 17.7% versus January 2010 (that compares to an average January-to-February increase of 26.2% over the previous five years).

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

Block cheddar cheese closed at $1.2700/lb, unchanged with no trades.

Barrel cheese closed at $1.2650/lb, unchanged with 7 trades.

Butter closed at $1.4750/lb, up $0.0050/lb with 1 trade.

Grade A NDM closed at $1.1150/lb, unchanged with no trades.

Extra Grade NDM closed at $1.1200/lb, unchanged with no trades.

Union Expects Milk Auction Price Rise

Raw Cow's MIlk Causes Spate of Infections

Dairy Industry Battered

Food Distributor, Some Stores Want New System for Milk Expiration Dates

Super Dairy 'Will Have No Problem Selling Milk'

Foremost Farms Receives Grant for Cheese Plant Expansion

PA Dairy Farmers Getting Raw Deal on Milk Price

Dairy Company Wants to Mend Relationship with Tasmanian Farmers 

According to a press release, CWT has reactivated its Export Assistance Program for Cheddar Cheese Sales.

The intent of this move is to help reduce stocks and stimulate the markets.  Export assistance was last used in 2008, but has been responsible for assisting a total of 186 million pounds of dairy products in the past.  Additional incentives will be made for sales to Japan, Algeria, Egypt, Saudi Arabia and Australia, countries targeted by CWT as prime opportunities.

For more information, consult the press release.

Block cheddar cheese closed at $1.2700/lb, up 0.0025/lb with 9 trades.

Barrel cheese closed at $1.2650/lb, up $0.0025/lb with 7 trades.

Butter closed at $1.4700/lb, up $0.0100/lb with 1 trade.

Grade A NDM closed at $1.1150/lb, unchanged with no trades.

Extra Grade NDM closed at $1.1200/lb, unchanged with no trades.