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Butter and cheese stocks grow in January

There was more cheese and butter in cold storage at the end of January. USDA’s National Ag Statistics Service says natural cheese stocks were up 1% from December, but down 6% from a year ago. A total of 1.37 billion pounds of natural cheese...

Cash dairy lower except butter… again

Cash dairy prices were lower except for butter again Wednesday on the Chicago Mercantile Exchange.  Dry whey was down $0.01 at $0.5450.  No sales were recorded.  Forty-pound cheese blocks were down $0.0225 at $1.8975. No sales were recorded.  Cheese barrels were down $0.0075 at $1.8075. ...

Cash dairy steady-to-lower except butter Tuesday

Cash dairy prices were steady-to-lower except for butter Tuesday on the Chicago Mercantile Exchange.  Dry whey was unchanged at $0.5550.  No sales were recorded.  Forty-pound cheese blocks remained unchanged since Thursday at $1.92. No sales were recorded.  Cheese barrels were down $0.0025 at $1.8150. ...

More butter and less cheese in storage year-to-year

There was more butter in cold storage in December but less cheese than a year ago.  USDA’s National Ag Statistics Service reports natural cheese stocks for December were up 2% from November, but still 6% lower than December 2023.  Total natural cheese in storage...

Butter imports higher during 2024 despite record U.S. production

Consumers have had a strong appetite for butter in 2024. Dairy Economist Corey Geiger with CoBank tells Brownfield consumption was up 11 percent in the U.S. “We’re making more butter than we ever did in the United States, and amazingly right now through October,...

Whey and cheese higher, butter and powder lower Thursday

Cash dairy prices were mixed Thursday on the Chicago Mercantile Exchange.  Dry whey prices were up $0.0175 at $0.7675. No sales were recorded.  Forty-pound cheese blocks were up $0.0375 at $1.7875.  Six sales were recorded, ranging from $1.78 to $1.7875.  Cheese barrels were up...

More cheese & butter, less whey and powder in October

USDA says cheese and butter production was up in October, while whey and dry product production fell. The National Agricultural Statistics Service says total cheese output for October was 1.23 billion pounds, 1% above 2023 and 5.6% higher than September.  Italian type cheese totaled...

Cheese and butter production higher than last September

September cheese production was down from August but higher than a year ago.  September production totaled 1.16 billion pounds, slightly up from 2023 but 3.1 percent below August of this year. Italian type cheese production was up 1.5% from 2023 at 487 million pounds,...

Cash dairy sales steady to lower except butter Monday

Cash dairy prices were steady to lower Monday except butter on the Chicago Mercantile Exchange.  Dry whey prices remained unchanged at $0.6025.  Two sales were recorded at that price.  Forty-pound cheese blocks were down $0.0075 at $1.83.  No sales were recorded.  Cheese barrels were down $0.0075...

Retailers ready for butter demand

A marketing advisor says domestic butter sales have slowed, but supplies are good.  Robin Schmahl with AgDairy LLC tells Brownfield cream was available early in 2024 and more butter was made and put into cold storage, which contributed to strong spring and summertime sales,...

CME butter demand still strong, cash dairy prices mixed Wednesday

Cash dairy prices were mostly mixed Wednesday on the Chicago Mercantile Exchange.  Dry whey was down $0.0025 at $0.5950.  Nine sales were recorded, ranging from $0.5950 to $0.60.  Forty-pound cheese blocks were up $0.0050 at $1.9425.   Six sales were recorded, ranging from $1.93 to...

The 2024 higher milk and butter prices, and some advice about feed

Once in a while, something will happen in the market the creates more questions than answers.  One example is the 2024 butter market, and the recent high prices that have consistently stayed above three dollars a pound much of the summer.  Bryan Doherty with...