Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Entries for month: March 2010

Headlines 3/19/2010

State & National Milk Production Higher in February

Construction to Begin for Yogurt Firm

Family Farm Group Backs Senate Bill for Dairy's Future

Foremost Farms Cheese Plant Expansion

New Zealand Farmers Fail to Obey Effluent Rules

Category: Headlines

February Milk Production

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

 

February 50-state MILK PRODUCTION @ 14.768 billion pounds, up 0.1% versus February 2009 levels. 

 

February 23-state MILK PRODUCTION @ 13.643 billion pounds, up 0.1% versus February 2009 levels. 

 

 

February 50-state COWS @ 9,088,000 head, down 201,000 head over February 2009 levels and up 3,000 head from the January 2010 estimate (the January estimate was unchanged, making for a 3,000 head report-to-report change)

 

February 23-state COWS @ 8,318,000 head, down 168,000 head over February 2009 levels and up 3,000 head from the January 2010 estimate (the January estimate was unchanged, making for a 3,000 head report-to-report change)

 

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Category: Flashes

Weekly Slaughter

Dairy cow slaughter for the week ending March 6 was 58,440 head, down 3.5% from the same week last year.

 

Category: Flashes

CME Spot Markets - 3/18/2010

Block cheddar cheese closed at $1.2675/lb, unchanged with no trades.

Barrel cheese closed at $1.2625/lb, unchanged with no trades.

Butter closed at $1.4600/lb, up $0.0100/lb with 3 trades.

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

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

 

Category: From the Trading Floor

Headlines 3/18/2010

NMPF Forming Dairy Policy Plan

Vermont Milk Co. on Auction Block

Dairy Farmer Thinks He's Found Price Solution

Dairy Leaders Selected for Committee by Ag Secretary

NZ: Dairy Farms Getting Dirtier

Federal Justice Official to Hear Dairy Complaints

Villagers Make Case Against Super-Dairy  

Category: Headlines

CME Spot Markets - 3/17/2010

Block cheddar cheese closed at $1.2675/lb, unchanged with 5 trades.

Barrel cheese closed at $1.2625/lb, unchanged with 11 trades.

Butter closed at $1.4500/lb, unchanged with no trades.

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

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

Category: From the Trading Floor

Headlines 3/17/2010

Meeting Set on Milk Prices

Co-op Simplifies Milk Payments

Hybrid Pouch-in-Paper Bottle HIts Milk Marketing

India: Milk Powder, Butter Oil Imports Liberalized 

Milk Prices to Stay Volatile for Years, Co-op Says

Interest in Milk Pricing System Could Help Dairy Industry

US Food Prices Seen Up 4-5%

Category: Headlines

CME Spot Markets - 3/16/2010

Block cheddar cheese closed at $1.2675/lb, unchanged with no trades.

Barrel cheese closed at $1.2625/lb, unchanged with 2 trades.

Butter closed at $1.4500/lb, unchanged with 2 trades.

Grade A NDM closed at $1.1150/lb, up $0.0050/lb with no trades.

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

 

Category: From the Trading Floor

Headlines 3/16/2010

Fonterra Rescues Organic Milk Suppliers

USDA Asked to Reinstate HIgher Federal Price Supports of Last Summer

2010 Dairy Outlook Clouds Over

Danone Sees US Yogurt Consumption Doubling

'Lazy Food' Sales Increase by 14%

Vermont Dairy Farmer Talks about Immigration Probe

Feingold Pushing for More Fairness in Dairy Trade Policy

India: Government Removes Import Duty on Dairy Products      

Category: Headlines

CME Spot Markets - 3/15/2010

Block cheddar cheese closed at $1.2675/lb, unchanged with 2 trades.

Barrel cheese closed at $1.2625/lb, unchanged with 2 trades.

Butter closed at $1.4500/lb, down $0.0050/lb with no trades.

Grade A NDM closed at $1.1100/lb, unchanged with no trades.

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

Category: From the Trading Floor

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