Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Entries for month: April 2010

CME Spot Markets - 4/30/2010

Block cheddar cheese closed at $1.3875/lb, unchanged with no trades.

Barrel cheese closed at $1.3800/lb, down $0.0025/lb wih 1 trade.

Butter closed at $1.6200/lb, up $0.0200/lb with no trades.

Grade A NDM closed at $1.2975/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2500/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 4/30/2010

OFT Retreats on Allegations that Price of Milk and Butter was Fixed

Butter Milk Price Formula Changed

Arla and Milk Link Increase Milk Price

More Cheese, Less Butter Produced in 2009 in US

Land O'Lakes Closing Cheese Plant

Creamery Secure Future with New Cheese

UK Dairy Probe Nears End

NZ Exports Triggered by Dairy Products

 

Category: Headlines

Weekly Slaughter

Dairy cow slaughter for the week ending April 17 was 54,844 head, up 14.3% from the same week last year.

 

Category: Flashes

CME Spot Markets - 4/29/2010

Block cheddar cheese closed at $1.3875/lb, up $0.0025/lb with 2 trades.

Barrel cheese closed at $1.3825/lb, up $0.0025/lb with 2 trades.

Butter closed at $1.6000/lb, up $0.0200/lb with no trades.

Grade A NDM closed at $1.2975/lb, unchanged with 1 trade.

Extra Grade NDM closed at $1.2500/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 4/29/2010

Farmers Hail Milk Price Law Change

New Zealand's Trade Surplus Widens on Record Exports

Butter, Cheese Spur NZ Trade Surplus

Kagen Says Trade Deal Could Make or Break US Dairy Industry

Got Milk? Only if it Comes from a Cow, Group Argues

National Milk to Invest $55 Million at Crestmead Dairy Facility

Dairy Panel Meets for First Time; Farmers Want Help Now

Wainwright Lends $10 Million for Construction of Yogurt Production Facility

Volcano Takes Toll on Iceland Farmers

Not All Queensland Farmers Benefit from Dairy Surge

 

Category: Headlines

CME Spot Markets - 4/28/2010

Block cheddar cheese closed at $1.3850/lb, unchanged with no trades.

Barrel cheese closed at $1.3800/lb, up $0.0275/lb with 2 trades.

Butter closed at $1.5800/lb, unchanged with no trades.

Grade A NDM closed at $1.2975/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2500/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 4/28/2010

China Mengniu Posts Profit as Sales Rebound from Milk Scandal

Struggling Dairies Hope to Hang On as Milk Prices Rise

Livestock Lawsuit: Dairy Farm Gets Millions for Shocked Cows

Land O'Lakes to Close Tulare Cheese Plant

NZ Price Rise Foreshadows Better Deal for Australian Dairy Farmers

UK: Famers Seek Support as Dairy Collapse Hits Hard

 

Category: Headlines

CME Spot Markets - 4/27/2010

Block cheddar cheese closed at $1.3850/lb, up $0.0150/lb with no trades.

Barrel cheese closed at $1.3525/lb, up $0.0025/lb with no trades.

Butter closed at $1.5800/lb, up $0.0100/lb with no trades.

Grade A NDM closed at $1.2975/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2500/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 4/27/2010

Fonterra Announces Increase in Milk Price

NZ Dollar Near 3-Month High on Rates, Milk Price Outlook

USDA Cracks Down on Synthetic Fatty Acids in Organic Milk

Conservation a Must for Dairy Farmers

Will a Billion Pounds of Cheese Stink Up Markets?

M&S 'Fair Price' Plan Rewards Dairy Farmers for Healthy Herds

Dairy lndustry Has Consensus on Pricing Remedy

Cow Feed May be the Cause of CA Air Problems 

Category: Headlines

CME Spot Markets - 4/26/2010

Block cheddar cheese closed at $1.3700/lb,up $0.0025/lb with no trades.

Barrel cheese closed at $1.3500/lb, up $0.0025/lb with no trades.

Butter closed at $1.5700/lb, unchanged with no trades.

Grade A NDM closed at $1.2975/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2500/lb, unchanged with no trades.

 

Category: From the Trading Floor

This information has been compiled for the benefit of Blimling and Associates clients and is for informational purposes only. Blimling and Associates assumes no responsibility or liability for any information found on external websites. Inclusion of any item does not constitute any endorsement of any kind. This information is carefully compiled but not guaranteed to be complete or free from error; nor does it constitute a solicitation to buy or sell futures/options contracts. Futures and options trading involves risk. Contact a licensed professional for more information.