Fri, 24 Oct 2008 14:55:00 GMT
Cooperatives Working Together will conduct a new herd retirement program this fall, the organization announced Friday. This will be the second herd retirement round conducted this year; the previous one was initiated in June.
All bids must be postmarked by Monday, November 24th, in order to be considered. All dairy producers submitting bids to sell their herds must be members of CWT as of January 2008, either through their membership in a fully participating cooperative, or as an independent member of CWT.
Bids will be reviewed in early December, with field auditors then proceeding to visit each accepted farm to begin the cow removal process.
For complete program details refer to the CWT website
www.cwt.coop.
Posted in News
Thu, 23 Oct 2008 19:44:00 GMT
After today’s trading, the
Class III futures settle prices for Jan-Mar. 2009 averaged $14.40. The April - June ‘09 price averaged $15.02.
Posted in Dairy-Related Prices
Thu, 23 Oct 2008 12:01:00 GMT
Sept. 30th
butter stocks are estimated to be 186.1 mil. lbs. This represents a decrease of approx. 27 mil. lbs. from the end of Aug. The 04-07 average Sept. butter stock level is 172.0 mil. lbs.
Total American cheese stocks at the end of Sept. were 553.9 mil. lbs. compared to 567.7 mil. lbs at the end of Aug. The ‘04-07 end of Sept. average level of American cheese stocks is 551.9 mil. lbs.
Posted in News
Fri, 17 Oct 2008 14:15:00 GMT
For the Advanced Class I price for November, the value of Class III other solids (whey) is -$0.0022 . This is due to the fact that the whey make allowance is $0.1991 and the 2 week average whey value used in Nov.’s calculation was $0.1970. Take a look at my spreadsheet for more detail: http://future.aae.wisc.edu/collection/software/advancedpricesfinal_version1.xls . The advanced Class III determined the Class I mover for Nov.
Posted in News
Fri, 17 Oct 2008 14:09:00 GMT
The Nov.
Class I Mover is $17.33 an increase of $1.80 from last month and a $4.12 decrease from the Nov. ‘07 value.
Posted in Dairy-Related Prices
Fri, 17 Oct 2008 12:43:00 GMT
We have developed a
spreadsheet model that can be used to undertake “what-if” analyses of the LGM-Dairy insurance program. You will need to download the archive file and then unzip this archive to your desired directory. You then use lgmdairybeta.xls to undertake your analysis.
Given that this is a beta version, any and all comments would be appreciated.
Posted in Announcements
Fri, 17 Oct 2008 12:40:00 GMT
For the first time since March 20, 2004, the
weekly NASS dry whey price for October 11th was less than $0.20 .
Posted in Dairy-Related Prices
Thu, 16 Oct 2008 20:33:00 GMT
In Sept., the
retail whole milk CPI was 217.2, a decrease from the record July value of 225.4, a 3.6% decline. The Sept value is less than the Sept. 07 value. This represents the first year-over-year decline in milk prices since Feb. ‘07
Posted in Dairy-Related Prices
Wed, 15 Oct 2008 12:28:00 GMT
The August U.S. trade data has been added to our website database.
Posted in Web-Site News
Mon, 13 Oct 2008 21:00:00 GMT
The State of California has just released their
cost of production estimates for the manufacture of cheddar cheese, dry whey and non-fat dry milk for 2007.
Posted in News
