Blimling and Associates Blog

Blimling and Associates Blog

Market news, alerts, and commentary


Headlines - 8/31/2010

Customs Officials Rapped for Entry of Melamine-Tainted Milk

Industry Cheesemaker Secures $10M Bond to Complete Expansion

Ag Market's Strength Could Backfire

Romanski Appointed to Replace Nilsestuen

Fonterra Chief Claims Dairy Price Fall is Good for Farmers

WEATHER:

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

Lancaster, PA: Highs in the 80's, Lows in the 60's 

Roswell, NM: Highs in the 80's, Lows in the mid 60's

Tulare, CA: Highs in the 100's; Lows in the 50's 

Twin Falls, ID: Higs in the 90's, Lows in the 40's

Category: Headlines

CME Spot Markets - 8/30/2010

Block cheddar cheese closed at $1.6950/lb, unchanged with 1 trade.

Barrel cheese closed at $1.6650/lb, unchanged with no trades.

Butter closed at $2.1800/lb, unchanged with no trades.

Grade A NDM closed at $1.2000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2250/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 8/30/2010

Family Farm's Niche: Selling Non-Homogenized Milk

New Leprino Plant Could Make Greeley Flow with Milk and Money

Dairy Product Prices Up

NZ Trade Balance Swung to Deficit in July on Petroleum Products

NZ: Rising Dairy Sales Boost Exports

China: Fonterra Rewards Promising Dairy Students

New Zealand Government Considers Action to Save Troubled Lender

WEATHER:

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

Lancaster, PA: Highs in the 80's, Lows in the 60's 

Roswell, NM: Highs in the 80's, Lows in the mid 60's

Tulare, CA: Highs in the 100's; Lows in the 50's 

Twin Falls, ID: Higs in the 90's, Lows in the 40's

Category: Headlines

CME Spot Markets - 8/27/2010

Block cheddar cheese closed at $1.6950/lb, up $0.0150/lb with no trades.

Barrel cheese closed at $1.6650/lb, up $0.0250/lb with 3 trades.

Butter closed at $2.1800/lb, up $0.0075/lb with no trades.

Grade A NDM closed at $1.2000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2250/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 8/27/2010

MO Dairy's Raw Milk Cheese Production Stopped Due to Listeria & Staph

NZX Run Global Dairy Futures Market Nears Start Line

WEATHER:

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

Lancaster, PA: Highs in the 80's, Lows in the 60's 

Roswell, NM: Highs in the 80's, Lows in the mid 60's

Tulare, CA: Highs in the 100's; Lows in the 50's 

Twin Falls, ID: Higs in the 90's, Lows in the 40's

Category: Headlines

Weekly Slaughter

Dairy cow slaughter for the week ending August 14 was 52,349 head, down 1.0% from the same week last year.

 

This puts slaughter down 3.7% YTD through week 33.

 

Category: Flashes

CME Spot Markets - 8/26/2010

Block cheddar cheese closed at $1.6800/lb, up $0.0100/lb with 1 trade.

Barrel cheese closed at $1.6400/lb, unchanged with 1 trade.

Butter closed at $2.1725/lb, up $0.0125/lb with 1 trade.

Grade A NDM closed at $1.2000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2250/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 8/26/2010

Dairy Farmers in WI, MN Have Moderate Month

Perrigo Gets FDA Approval to Manufacture Milk-based Infant Formulas

Australia: Milk Prices "Contentious Issue" for Producers

NZX Launch Date or Global Whole Milk Powder Futures

Food Prices Soar in Russia After Drought

National Foods Says Tassie Will Keep Making Cheese

Lunch with Friendly's New CEO

Broadband Trumps Farmer Payments as Obama Remakes Assistance to Rural US

UK: Public Meeting Over Controversial "Super Dairy"  

WI: Out of State Farmer Hopes to Build 4,600 Cow Dairy

UK: Campaign to Boost Prices for Dairy Farmers

WEATHER:

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

Lancaster, PA: Highs in the 80's, Lows in the 60's 

Roswell, NM: Highs in the 80's, Lows in the mid 60's

Tulare, CA: Highs in the 100's; Lows in the 50's 

Twin Falls, ID: Higs in the 90's, Lows in the 40's

Category: Headlines

CME Spot Markets - 8/25/2010

Block cheddar cheese closed at $1.6700/lb, up $0.0175/lb with no trades.

Barrel cheese closed at $1.6400/lb, up $0.0175/lb with no trades.

Butter closed at $2.1600/lb, up $0.0100/lb with no trades.

Grade A NDM closed at $1.2000/lb, unchanged with no trades.

Extra Grade NDM closed at $1.2250/lb, unchanged with no trades.

Category: From the Trading Floor

Headlines - 8/25/2010

A School Fight Over Chocolate Milk

Statement from CA Milk Advisory Board Regarding Assembly Bill 1778

Glanbia Upbeat Despite Weaker Dairy Price Outlook

Unemployed Body Builders Boost Glanbia Earnings

Tas Govt to Meet National Foods on Jobs

Dairy Industry Cheesed Off by Drop in Demand

WEATHER:

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

Lancaster, PA: Highs in the 80's, Lows in the 60's 

Roswell, NM: Highs in the 80's, Lows in the mid 60's

Tulare, CA: Highs in the 100's; Lows in the 50's 

Twin Falls, ID: Higs in the 90's, Lows in the 40's

Category: Headlines

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.