August Announced Class III is $19.83
Fri, 31 Aug 2007 19:23:00 GMT
The announced August Class III price is $19.83, a drop of $1.55 from the record July value of $21.38
Aurora Organic Dairy Agrees to Make Changes
Fri, 31 Aug 2007 19:10:00 GMT
Colorado’s Aurora Organic Dairy has agreed to stop using the organic label on some of its milk and to change aspects of its operation after the USDA threatened to revoke its organic certification for violations including failing to provide enough pasture for its cows.
CME Blocks Bid Up to $2.05 on Thurs.
Fri, 31 Aug 2007 12:20:00 GMT
The CME spot price for cheddar blocks were bid up to $2.05 on Thursday while barrels traded at$2.0025.
FTC Rules That Advertising Milk as Being rBst Free is Not Misleading
Wed, 29 Aug 2007 14:58:00 GMT
Federal regulators have turned down a request from Monsanto Co. to take action against dairy companies that advertise milk as free of synthetic hormones. The Federal Trade Commission said last week that the ads it reviewed did not make any misleading claims about the safety of recombinant bovine somatotropin, or rBST, a hormone that boosts milk production in cows.
CA Hearing to Consider Removal of Dry Whey from 4b Price
Tue, 28 Aug 2007 18:51:00 GMT
The California Dept. of Food and Agriculture announced that a public hearing will be held on 10/10/07 on a petition to remove the dry whey factor from the Class 4b formula.
MILC Extended for One Month
Mon, 27 Aug 2007 20:32:00 GMT
Officially Extends MILC Program for One Month
Slight increase in dairy cow slaughter rate over '06
Fri, 24 Aug 2007 20:02:00 GMT
There were 180,200 dairy cows sent to slaughter in July according to USDA’s Livestock Slaughter report released this morning. This is an increase of 5,600 from a year ago.
July '07 Cheese Stocks Decline from '06 Levels
Wed, 22 Aug 2007 19:34:00 GMT
July total cheese stocks were 4% lower than July ‘06 levels. Butter stocks were 5% higher than ‘06 levels.
Large Increase in Milk Production Compared to July '06
Mon, 20 Aug 2007 20:37:00 GMT
USDA’s August 17th milk production report showed a relatively strong increase in July milk production compared to July ‘06.
Sept. Class I Advanced Price Announced
Mon, 20 Aug 2007 11:52:00 GMT
The Sept. Class I Advanced price was last Friday at $21.91. This is up 15¢ from August and $11.06 from Sept. ‘06.
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