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Global Dairy Index up slightly Tuesday

The Global Dairy Index is up slightly.  Tuesday’s trading session saw the price index go up four-tenths of a percent with an average price of $3,837 per metric ton. Cheddar cheese, anhydrous milk fat, and butter prices were up, while Lactose, Mozzarella cheese, skim... Read More.

Global Dairy Trade index falls sharply

The Global Dairy Trade index dropped 6.9% in Tuesday’s trading session.  Only lactose had a small price increase, while all other dairy product values fell. Overall, 113 winning bidders purchased 24,138 metric tons of dairy products during 16 rounds of bidding. Anhydrous milk fat... Read More.

Global Dairy Trade index down Tuesday

The Global Dairy Trade index fell 0.5% during Tuesday’s trading session.  Prices were higher for butter, lactose, and skim milk powder, but lower for anhydrous milk fat, Cheddar cheese, and whole milk powder.  Buttermilk powder and Mozzarella cheese were not offered during Tuesday’s session.... Read More.

The impact of elections on global trade

It’s a big year for elections around the globe and a trade expert with the National Cattlemen’s Beef Association says it could have significant implications on trade relationships with the U.S.  Kent Bacus tells Brownfield while Mexico’s recent election was historic, but “I don’t... Read More.

U of I announces new global food, ag communications center

A new center aimed at bridging the gap between urban and rural areas is coming to the University of Illinois. Owen Roberts, director of the U of I ag communications program, tells Brownfield… “We’re hoping by being a center that can do some research; that... Read More.

Sorghum seen as part of global hunger solution

Sorghum is being promoted as a solution to global food insecurity. Sorghum United CEO Nate Blum says countries like Kenya are seeing crop failures due to extreme weather. “Where maize has failed. And not that there’s anything wrong with maize, but it uses more... Read More.

A big year for pork on the global market

2023 was a stellar year for pork exports.  The head of the US Meat Export Federation says that strong global demand continues to be the top story for the U.S. pork industry.  Dan Halstrom says there was broad-based... Read More.

Global Dairy Trade index falls 2.3%

The Global Dairy Index fell 2.3% in Tuesday’s trading session. Prices for Cheddar cheese, buttermilk powder, lactose, and anhydrous milk fat rose while prices for skim and whole milk powder, butter, and Mozzarella cheese went down. Lactose prices rose 4.8% to $818 per metric ton... Read More.

Global Dairy Trade issues annual report

The Global Dairy Trading platform continues to evolve as it connects buyers and sellers.  The trading platform issued its 15th Annual Report Wednesday, showing it facilitated over 36 billion dollars in dairy trades last year. 2023 also saw the addition of three new product... Read More.

Global dairy markets should support U.S. prices

A USDA dairy economist says limited global milk production should support prices this year. Micheal McConnell with the World Ag Outlook Board says milk production in the U.S. is expected to grow at a slower pace this year as Europe and New Zealand contract. “But... Read More.