The Market & Management Update is a cooperative effort between Farmshine Newspaper, the Center for Dairy Excellence, the USDA Risk Management Agency, and the Pennsylvania Department of Agriculture. The update is authored by Alan Zepp, the center’s risk management program manager, and provides futures and options market data on a weekly basis from the Chicago Mercantile Exchange (CME), as well as other market indicators important to your dairy business. Below are recent issues.
Dairy Information: Markets and Management
BASIS? The Chicago Mercantile Exchange (CME) defines basis as “the local cash market price minus the price of the nearby futures contract.” Basis relates the CME price to the local price of any commodity (corn, soy bean meal, milk etc.) so you can estimate your upcoming local price with futures markets. CLICK HERE FOR THIS WEEK’S REPORT.
RECENT MARKETS AND MANAGEMENT UPDATES
May 19, 2017: Markets and Management
May 12: Markets and Management
May 5, 2017: Markets and Management
April 28, 2017: Markets & Management
April 21, 2017: Markets and Management
April 14, 2017: Markets & Management