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CME milk futures, cash dairy markets down Wednesday

Milk futures were lower and the cash dairy markets were lower except for butter Wednesday on the Chicago Mercantile Exchange.  February Class III milk was down $0.03 at $16.16.  March was down $0.41 at $17.02.  April was down $0.37 at $17.30.  May was down $0.26 at $17.66.   June through... Read More.

Carryover impacting markets, planting intentions

A market advisor says some U.S. farmers are considering planting changes. Mike North from Ever.ag says old crop supplies will influence those possible changes. “Corn stocks are very heavy. Bean stocks are relatively light, which keeps a little bit of value in... Read More.

Weather markets

Depressed corn prices are a concern, with many farmers wondering what could move the market higher. Analyst Jeff Peterson with Heartland Farm Partners says weather in Brazil and Argentina could be supportive in the weeks and months to come.  ...

New trade deals are important for growing beef markets

A cattle producer from western Nebraska says new trade policy is important to grow demand for U.S. beef. “There’s no ceiling right now in the beef export market right now.” Jaclyn Wilson, the chair of the international trade committee at the National Cattlemen’s Beef Association,... Read More.

Geopolitics influencing grain markets

Geopolitics continue to influence grain markets. Glenn Wachtler with Compeer Financial’s Grain Team says ongoing conflicts in the Black Sea region and Middle East can spark price volatility at any moment. “The worldview geopolitical situation is really like a pot that’s simmering, and we hope... Read More.

USDA says dairy markets impacted by weather

The USDA says winter weather impacted some dairy markets during the past week. The Agricultural Marketing Service’s latest report says the winter weather affected dairy operations in eastern states, and some milk intended for Class III cheese processing were redirected into bottling for grocery... Read More.

CME milk, cash dairy markets mixed to end the week

Milk futures and the cash dairy markets were mixed Friday on the Chicago Mercantile Exchange.  February was up $0.14 at $15.79.  March was up $0.04 at $16.09.  April was unchanged at $16.80.  May Class III milk was down $0.05 at $17.47.   June through December contracts... Read More.