Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Entries for month: June 2010

CME Spot Markets - 6/30/2010

Block cheddar cheese closed at $1.4200/lb, up $0.0175/lb with no trades.

Barrel cheese closed at $1.3975/lb, up $0.0200/lb with no trades.

Butter closed at $1.7500/lb, up $0.0300/b with 1 trade.

Grade A NDM closed at $1.2300/lb, down $0.0100/lb with no trades.

Extra Grade NDM closed at $1.2450/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 6/30/2010

Fonterra Re-Jig Won't Affect Prices

Dairy Farmers in WI, MN Have Strong May

Big Upgrade for Dean Foods

Farmer Gets a Break, Thanks to Milk Price Rise

'Happy Cow' Bill Would Require Publically Funded Commercials for CA Products to be Made in State

Kraft Revamps Developing Markets After Cadbury

Ag Secretary: Reforms Needed to Improve PA Dairy Farms' Financial Stability

WEATHER:

Kaukauna, WI:  Highs in the 80's, Lows in the 60's

Lancaster, PA: Highs in the 90's, Lows in the 50's 

Roswell, NM: Highs in the 90's, Lows in the 60's

Tulare, CA: Highs in the upper 90's, Lows in the 60's 

Twin Falls, ID: Higs in the 80's, Lows in the 50's

Category: Headlines

CME Spot Markets - 6/29/2010

Block cheddar cheese closed at $1.4025/lb, up $0.0050/lb with 4 trades.

Barrel cheese closed at $1.3775/lb, down $0.0025/lb with 3 trades.

Butter closed at $1.7200/lb, unchanged with no trades.

Grade A NDM closed at $1.2400/lb, down $0.0100/lb with no trades.

Extra Grade NDM closed at $1.2450/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines 6/29/2010

Regulators Eye Second MN Farm in Sale of Raw Milk

Bega Cheese Lifts Milk Prices

Danone Expands Its Pantry to Woo the World's Poor

Nearly 300 Jobs Lost at National Foods

Collagen a Substitute for Dairy-based Whey

Fonterra Farmers Poised for Landmark Vote

WEATHER:

Kaukauna, WI

Lancaster, PA

Roswell, NM

Tulare, CA 

Twin Falls, ID

Category: Headlines

CME Spot Markets - 6/28/2010

Block cheddar cheese closed at $1.3975/lb, down $0.0125/lb with 6 trades.

Barrel cheese closed at $1.3800/lb, down $0.0150/lb with no trades.

Butter closed at $1.7200/lb, unchanged with no trades.

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

Extra Grade NDM closed at $1.2450/lb, unchanged with no trades.

 

Category: From the Trading Floor

Headlines 6/28/2010

Justice and Agriculture Departments Hear Dairy Concerns

Dairy Competition Workshop Provided USDA, DOJ with Insights

Milk Prices for Farmers Slowly Climbing Closer to Normal

Belarus Intends to Resume Milk Powder Supplies to Russia

Marketing Critical to Dairy Industry as it Looks to Future

WEATHER:

Kaukauna, WI

Lancaster, PA

Roswell, NM

Tulare, CA 

Twin Falls, ID

Category: Headlines

CME Spot Markets - 6/25/2010

Block cheddar cheese closed at $1.4100/lb, up $0.0125/lb with no trades.

Barrel cheese closed at $1.3950/lb, up $0.0250/lb with 2 trades.

Butter closed at $1.7200/lb, up $0.0100/lb with no trades.

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

Extra Grade NDM closed at $1.2450/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 6/25/2010

Treat Cows Well, Dairy Operators Told in Tulare

NM Auction Owner Accused of Embezzlement

Rabobank Predicts Slow Ease in Global Dairy Prices

Federal Hearing Focuses on Fair Milk Prices for Farmes

WEATHER:

Kaukauna, WI

Lancaster, PA

Roswell, NM

Tulare, CA 

Twin Falls, ID

Category: Headlines

Weekly Slaughter

Dairy cow slaughter for the week ending June 12 was 48,911 head, down 19.1% from the same week last year.

 

This puts slaughter down 4.2% year-over-year, YTD through week 24.

 

Category: Flashes

CME Spot Markets - 6/24/2010

Block cheddar cheese closed at $1.3975/lb, unchanged with 1 trade.

Barrel cheese closed at $1.3700/lb, unchanged with no trades.

Butter closed at $1.7100/lb, unchanged with no trades.

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

Extra Grade NDM closed at $1.2450/lb, down $0.0025/lb with no trades.

Category: From the Trading Floor

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