Mar 2014 Milk Prices Class I: 23.64 Class II: 24.22 Class III: 23.33 Class IV: 23.66 Calif 4a: 23.37 Calif 4b: 22.16 Apr 15, 2014 CME Spot Prices Butter Grade AA Settled/lb: 1.9000 Change: -3.0000 Block Cheese Settled/lb: 2.1975 Change: 1.2500 Barrel Cheese Settled/lb: 2.1675 Change: Unchanged NFDM Grade A Settled/lb: 1.9100 Change: Unchanged Butter Grade AA Settled/lb: 1.9300 Change: -4.0000
Daily News
April 16
Cheese Spread Narrows
April 15, 2014 — The spread between the block and barrel cheese price was a concern up until yesterday, when the barrel price shot up 8 ¾-cents to narrow the spread with the blocks to under two cents. “With the amount of price decline that we have seen with both the blocks and barrels the […]
Inspiring Tomorrow’s Dairy Leaders Today
April 14, 2014 — There’s an event that brings together the best and the brightest collegiate students who are diligently studying for a career in the dairy industry: The North American Intercollegiate Dairy Challenge. 264 dairy science students from 37 universities participated in the unique two-day competition at Ohio State University earlier this month. “Certainly […]
The Sky is NOT Falling
April 11, 2014 — Go away Chicken Little, Jerry Dryer, editor of the Dairy and Food Market Analyst says it’s a “classic cheese market. It overreacts, going in either direction.”    Speaking in Friday’s DairyLine, Dryer said “It was probably too high, too long and now we’re facing a correction.” He added that a “swift […]
Milk Output and Prices Raised
April 10, 2014 — USDA’s latest World Agricultural Supply & Demand Estimates report released Wednesday, raised projected 2014 milk production estimates from a month earlier as strong returns are expected to encourage a more rapid expansion in cow numbers and increased milk per cow. Fat-basis exports were raised on higher sales of cheese and butter, […]
NMPF Praises GMO Labeling Bill
April 10, 2014 — The National Milk Producers Federation this week applauded introduction of legislation establishing federal standards for the safety and labeling of foods containing genetically modified ingredients (GMOs). Under the bill, the Safe and Accurate Food Labeling Act, introduced by Rep. Mike Pompeo (R-KS), the Food and Drug Administration will set standards for companies that […]
Sign Up Announced For Livestock Disaster Assistance
April 9, 2014 –The U.S. Department of Agriculture (USDA) announced Monday that farmers and ranchers can sign-up for disaster assistance programs, reestablished and strengthened by the 2014 Farm Bill, beginning Tuesday, April 15, 2014. Quick implementation of the programs has been a top priority for USDA. “These programs will provide long-awaited disaster relief for many livestock […]
Today's Show
Bill Baker
Keep Your Eye on the U.S. Dollar
April 16, 2014 — Even though milk prices are holding strong –  change is inevitable, according to Matt Mattke, Market360 Analyst with Stewart-Peterson, Inc. He tells us why we should be watching the value of the U.S. dollar and the correlation the dollar has with Class III Milk prices.  
Lower SCC Scores in DHI Herds
April 15, 2014 — Dr. Duane Norman, retired from USDA’s Agricultural Research Service, joined us on today’s DairyLine Radio program to discuss the latest in Somatic Cell Counts in DHI herds.  
Progress Being Made on Efficiency Traits
April 14, 2014 — Brett Haines with CRV USA stopped by the DairyBusiness broadcast booth to share the latest developments with CRV.