Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Entries for month: May 2010

CME Spot Markets - 5/28/2010

Block cheddar cheese closed at $1.4650/lb, down $0.0225/lb with 5 trades.

Barrel cheese closed at $1.4300/lb, down $0.0300/lb with 10 trades.

Butter closed at $1.5575/lb, up $0.0050/lb with no trades.

Grade A NDM closed at $1.3000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2900/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 5/28/2010

US Farmers Plan Cow-Herd Cull to Boost Milk Prices

Fonterra Announces Milk Price Forecast for 2010/11

Canada: Liberals Blamed for Dairy Closure

NZ: Dairy Drives Trade Surplus

Aussie Vets Help Chinese Dairy Industry

Rising Like Cream to Top of Dairy Business in Hungary

 

Category: Headlines

Weekly Slaughter

Dairy cow slaughter for the week ending May 15 was 52,443 head, up 10.2% from the same week last year.

 

This puts slaughter down 2.5% year-over-year, YTD through week 20.

 

Category: Flashes

CME Spot Markets - 5/27/2010

Block cheddar cheese closed at $1.4875/lb, down $0.0075/lb with 3 trades.

Barrel cheese closed at $1.4600/lb, unchanged with 1 trade.

Butter closed at $1.5525/lb, up $0.0025/lb with no trades.

Grade A NDM closed at $1.3000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2900/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 5/27/2010

E. coli Traced to Raw Milk from MN Dairy

NZ Trade Surplus Widens as Imports Decline

Dean Foods Accused as Dairy Farmers Say They are Getting Milked

Kraft Hopes to Encourage Adults to Revert to a Childhood Favorite

Arrest in Dairy Abuse Case

Students Identify Contamination Caused by UW Dairy Provider

 

Category: Headlines

CME Spot Markets - 5/26/2010

Block cheddar cheese closed at $1.4950/lb, down $0.0050/lb with no trades.

Barrel cheese closed at $1.4600/lb, unchanged with 1 trade.

Butter closed at $1.5500/lb, up $0.0125/lb with 1 trade.

Grade A NDM closed at $1.3000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2900/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 5/26/2010

Fonterra Predicts Big Payout

UK: Daily Milk Output Lags Last Year

Cruelty Alleged at Ohio Dairy Farm

Collapsed Glanbia Deal May Be Revived in 'Four to Six Weeks'

East Texas: Upside Down Dairy Cow Mortgages

FDA Says Dairy Making Cross-Border Sales

 

Category: Headlines

CME Spot Markets - 5/25/2010

Block cheddar cheese closed at $1.5000/lb, unchanged with no trades.

Barrel cheese closed at $1.4600/lb, down $0.0175/lb with 2 trades.

Butter closed at $1.5375/lb, down $0.0275/lb with no trades.

Grade A NDM closed at $1.3000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2900/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 5/25/2010

Milk Price May See 20% Jump, Fonterra Says

US Cheese Stocks Reach 26-Year High

Cheese Prices Continue to Climb

Dairy Fears Grow Amid Intervention Releases

Aussie, NZ Dollars Fall on Slowdown Concerns, Korean Tensions

VT Gives Feds an Earful Over Border Station Plan

Wisconsin Ag Exports Jump 18%

  

Category: Headlines

CME Spot Markets - 5/24/2010

Block cheddar cheese closed at $1.5000/lb, unchanged with no trades.

Barrel cheese closed at $1.4775/lb, unchanged with no trades.

Butter closed at $1.5650/lb, down $0.0150/lb with no trades.

Grade A NDM closed at $1.3000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2900/lb, unchanged with no trades.

Category: From the Trading Floor

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