Blimling and Associates Blog

Blimling and Associates Blog

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January Cold Storage

According to the USDA/NASS Cold Storage Report, published at 2:00pm CT today:

 

January 31 AMERICAN-TYPE CHEESE stocks @ 595.3 million pounds, up 11.6% year-over-year and up 1.8% versus December 2009 (that compares to an average December-to-January increase of 0.1% over the previous five years).

 

January 31  TOTAL CHEESE stocks @ 980.8 million pounds, up 11.2% year-over-year and up 1.5% versus December 2009 (that compares to an average December-to-January increase of 1.5% over the previous five years).

 

January 31  BUTTER stocks @ 169.8 million pounds, down 3.8% year-over-year and up 27.7% versus December 2009 (that compares to an average December-to-January increase of 58.4% over the previous five years).

 

For more information on what this might mean to the market, request a free trial subscription to our Dairy Research Service.

Category: Flashes

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.