Mon, 03 Dec 2007 17:47:00 GMT
In USDA’s Sept. milk production report Idaho came within 4 mil. lbs. of out-producing New York to take the No. 3 spot in U.S. milk production. In Sept., Idaho produced 979 mi. lbs. of milk while New York produced 983 mil. lbs. Ten years ago, Idaho was the nations No. 9 milk producing state.
Mon, 03 Dec 2007 14:34:00 GMT
The November Milk-Feed price ratio decreased to 3.00 from October’s value of 3.09. This compares to the November 2006 value of 2.44 .
Fri, 30 Nov 2007 18:30:00 GMT
The CME Barrel price decreased $0.11 today to close at $2.017 following yesterday’s crash of the CME Block market.
Fri, 30 Nov 2007 15:06:00 GMT
A new spreadsheet model has been added to the website’s collection of software that shows the impacts of California’s recent changes to the 4b pricing formulas. Simulated values over the 2005-2007 period are used to show these impacts.
Fri, 30 Nov 2007 14:43:00 GMT
The Nov. Class III is $19.22. This represents a $0.52 increase from Oct. and a $6.38 increase from Nov. 2006.
Thu, 29 Nov 2007 20:50:00 GMT
The CME Block price decreased $0.1925 today from $2.025 to $2.0100 .
Mon, 26 Nov 2007 16:27:00 GMT
Sen. Patrick Leahy, D-Vt., said Friday it is unlikely the stalled $288 billion Farm Bill is passed before the end of the year, throwing into question an upgrade of a safety net program for dairy farmers and money to clean up Lake Champlain.
“Not good,” Leahy said when asked about the bill’s short-term prospects. “It’s more likely we’ll pass a continuing resolution extending the life of the current Farm Bill and then work to pass a new bill in January, if cooler heads prevail.”
Fri, 23 Nov 2007 19:01:00 GMT
The December Class I mover is $20.04 which represents a $1.41 decrease from the November value but a $7.61 increase from Dec. 2006 .
Fri, 23 Nov 2007 18:41:00 GMT
Click here to obtain a copy of the schedule for the 2008 FMMO-related prices.
Fri, 23 Nov 2007 13:46:00 GMT
October commercial butter stocks decreased 44.9 mil. lbs., the most ever for October. At the end of the month, commercial butter stocks were estimated by USDA to be 195.3 mil. lbs. The large reduction is being attributed to strong export demand and domestic sales.
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