The center publishes market and industry information regularly to help dairy producers and industry stakeholders stay informed and make better business decisions. This section includes the latest information published by the Center for Dairy Excellence.
DAIRY WEEK IN REVIEW
September 15, Dairy Week in Review
Class III milk futures have fallen considerably in the past six weeks, with the average Class III milk futures price for the remainder of the year down about $1.25 per hundredweight from where it was in early August. Read more
MARKETS & MANAGEMENT UPDATE
September 15, 2017 Markets & Management Update
Class III Milk and CME Cheese: Most dairymen know that 10 pounds of whole milk will typically make one pound of cheese. The CME Class III contract represents 200,000 pounds of Class III milk. The CME cheese contract represents 20,000 pounds of cheese. So why aren’t the Class III prices exactly 10 times the CME cheese price? Read more
CENTER FOCUS COLUMN
A New Market Dynamic
If you ask most any dairy farmer what “counterparty risk” means, they’re likely to look at you with a blank stare. Traditionally, in Pennsylvania, dairy farm families were very fortunate to have multiple options for their milk market. If you lost your milk market because of the dairy downsizing, going out of business or for some other reason, there were usually four or five other markets waiting to pick up the milk. READ MORE.