Wed, 17 Sep 2008 12:37:00 GMT
The Bureau of Labor Statistics has released the August Consumer Price Index. The cheese CPI was 222.5, up 1.4% from July. The August butter CPI was 182.3, he highest level since January 2006. The CPI for whole milk dropped 1.4% from the record July level of 225.4.
Sun, 14 Sep 2008 14:21:00 GMT
July U.S. Dried Whey Exports were estimated to be 34,692 metric tonnes (MT). This represents a 38% increase over amount exported during June. So far in 2008, dried whey exports are estimated to be 190,415 MT, a 16% decrease versus the similar period in 2007. July Cheese exports were 10,915 MT, an increase of 63% from Jul 07. July Butter exports were 7,074 MT, approximately 1,300 MT below the Jun 08 level.
Sun, 14 Sep 2008 13:57:00 GMT
New Mexico has lost its status as a bovine tuberculosis-free state, a decision state officials say is excessive and could cost ranching and dairy operations unnecessary tests.
The U.S. Department of Agriculture, in a notice published in Thursday’s Federal Register, said that because two infected herds had been found in New Mexico’s accredited free-zone since May 2007, it no longer met federal requirements and the state had to be downgraded.
Sun, 14 Sep 2008 13:50:00 GMT
The Sept. WASDE report was released on Sept. 12th. Included in this report is the latest USDA forecasts of U.S. milk production and dairy-related prices for 2009. The mid-points of the revised forecasts are: Cheddar Cheese, $1.890; butter, $1.415; nonfat, $1.490 and whey, $0.275. These price reductions were the result of an an upward revision in USDA’s milk production estimate.
Sun, 14 Sep 2008 13:36:00 GMT
The NASS average weekly dried whey price for the week ending Sept. 6th was $0.2270 .
Sun, 14 Sep 2008 13:31:00 GMT
As of today (Sept. 12th) the CME Block spot price has increased every trading day in Sept with the price increasing from$ 1.6800 on Sept. 1 to 1.9025 today.
Mon, 08 Sep 2008 12:37:00 GMT
The August Milk-Feed Price ratio is estimated to be 1.89 compared to a ratio of 3.19 for August ‘07 .
Fri, 05 Sep 2008 20:25:00 GMT
Total July cheese production was 812 mill. lbs., 1.5% above July 2007 and 0.3 % above June 2008. July butter production was 117 mil. lbs., slightly above July 2007 and 2.7% below June 2008.
Fri, 05 Sep 2008 14:56:00 GMT
The August Announced Class III price is $17.32. This represents a $0.98 drop from July’s value and a $2.51 decrease from August 2007.
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