Dramatic Drop Observed in Weekly NASS NFDM Prices

Mon, 07 Jan 2008 13:42:00 GMT

In the Jan 4th weekly NASS product price report, data for the week ending Dec. 29th, indicated a $0.20 drop in average NFDM prices to $1.6440 from the level observed for the week ending on Dec. 22nd .

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The Announced Dec. Class III is $20.60 and Class IV Price is $19.18.

Fri, 04 Jan 2008 15:51:00 GMT

The announced Class III price for Dec. is $20.60.  This represents a $1.38 increase over Nov.’s value and a $7.13 increase over Dec. 2006. The Class IV price represents a $1.22 drop from Nov’s value.

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Dec. All-Milk Price Down and Feed Costs Up

Wed, 02 Jan 2008 13:51:00 GMT

The Dec. All-Milk price is estimated at $21.70, down $0.20 from Nov.  The corn price is estimated to be $3.88/bu., up 45¢ from November. Soybeans averaged $10.40/bu., up 99¢ and alfalfa hay averaged $136/ton, up $1.00.

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Dec. Milk-Feed Price Ratio Decreases to 2.86

Mon, 31 Dec 2007 17:00:00 GMT

The Dec. Milk-Feed Price Ratio decreased from the Nov. value of 3.06 to 2.86.  This compares to a Dec. 2006 value of 2.43.

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The Rollercoaster CME Cheese Price Continues to Experiance Dramatic Daily Changes

Mon, 24 Dec 2007 13:34:00 GMT

The big decline in cheese prices at the CME was reversed today with blocks trading at $1.95 up 14.5¢ on Friday while barrels traded at $1.90, an increase of 10.0¢.  For the week blocks were up 2.0¢.

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Jan. '08 Class I is $20.97

Fri, 21 Dec 2007 20:25:00 GMT

The Jan. ‘08 Class I was announced today to be $20.97. This is an increased of $0.93 over Dec. ‘07 value and a $7.38 increase over Jan. ‘07.  The Class I Mover for 2007 averaged $18.14.

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The CME Barrel Price Drops $0.22 today, $0.29 Over the Last 4 Trading Days

Tue, 18 Dec 2007 20:31:00 GMT

The CME Spot Barrel price dropped $0.22 today to end at $1.77.  The price last Tuesday was $2.16.

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CME Blocks were 26.25¢ Lower This Week

Fri, 14 Dec 2007 22:08:00 GMT

The spot price for Cheddar blocks at the CME fell 26.25¢ this week.   Barrels fell 16.25¢, dropping below $2.00 for the first time in a month.

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Barrels Decreased at the CME Today to Reduce Barrel/Block Spread

Thu, 13 Dec 2007 23:47:00 GMT

CME barrels decreased 7¢ today to $2.06.   Blocks increased to $1.98.

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A Big Drop in CME Block Prices Today

Tue, 11 Dec 2007 21:01:00 GMT

CME blocks dropped 12.25¢ today to $2.03 on 4 sales.  Barrels were unchanged at $2.16 on no activity.   Butter also was unchanged.

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