Increase in Number of Links Added to USDA Weekly Market Reports
Sat, 15 Sep 2007 14:59:00 GMT
We have greatly increased the number of links added to USDA’s weekly market reports , both domestic and international.
Mailbox Prices Have Been Corrected
Sat, 15 Sep 2007 13:58:00 GMT
We have corrected the programming errors that resulting in the problem with the mailbox prices in our database.
Imports of Canadian Cattle to Restart
Fri, 14 Sep 2007 19:59:00 GMT
On Nov. 19, USDA will open the border to imports of Canadian cattle, including dairy heifers. Prior to the ban, the United States was importing an estimated 4,000-6,000 dairy cows per month.
Cheese Prices Continue to Tumble
Fri, 14 Sep 2007 19:13:00 GMT
The CME spot price for cheddar blocks continue to decrease. The $0.1125 drop yesterday was followed by another $0.06 drop today.
Monthly Mailbox Price is Incorrect
Fri, 14 Sep 2007 18:37:00 GMT
The Monthly Mailbox Price series for June ‘06, May ‘07 and June ‘07 are not correct. We are working on fixing the problem.
Whey Prices Contintue to Deceline
Fri, 14 Sep 2007 12:24:00 GMT
In the Midwest, dry whey is mostly 42.75 – 47.75¢ (-2.5¢ from a week ago) and in the West, dry whey is mostly 38 – 46¢ (-3.5¢ from the low range and -4.0¢ from the high range), according to USDA’s Dairy Market News.
Cheese Prices Take a Hit
Fri, 14 Sep 2007 11:59:00 GMT
Blocks at the CME spot market dropped 11.25¢ today to $2.0500 on an offer-based sale of 1 car. Barrels dropped 4.25¢ .
July Cheese Production was up 2.6% from July 2006.
Thu, 06 Sep 2007 12:25:00 GMT
Total July cheese output was 795.4 million lbs., up 2.6% from a year ago. In the first seven months of 2007, total cheese output was 5.621 billion lbs., up just 2.0% vs. 2006.
The Cheese Market Moves Past its Previous Year's High
Thu, 06 Sep 2007 12:17:00 GMT
At the CME spot market, blocks increased 3.75¢ and barrels rose 3¢. Blocks settled at $2.1375 on an unfilled bid for 2 cars, which leaves blocks just 6.25¢ below their record high of $2.20, set in April, 2004.
Health Focus Drives Whey and Lactose Demand
Wed, 05 Sep 2007 18:34:00 GMT
The global market for whey and lactose ingredients will increase by 20 per cent as the dairy industry focuses more on healthy and nutritional products, a new report forecasts .
