China

Outlook For U.S. Dairy

February 26, 2021 DairyBusiness News Team DP 0

The U.S. dairy sector enters 2021 still in flux following the unprecedented disruptions brought about by COVID-19 in 2020. The sector has shown a remarkable ability to pivot in the changed environment of restrictions on [Read More …]

U.S., China Phase One Agreement – Year One

February 15, 2021 Sarah S News Team 0

2020 will be remembered by all, for a host of reasons. For those in the ag world, the Phase One Agreement between the United States and China will certainly be one of them. Signed on [Read More …]

Dairy Prices Ripple Across the Industry… And Now Feed Prices

January 29, 2021 DairyBusiness News Team DP 0

With all 10,000 of our lakes here in Minnesota currently frozen solid this may be a strange analogy, but dairy prices move like the waves rippling out from a rock thrown in the water. The [Read More …]

Biden picks Tom Vilsack to reprise role as Agriculture secretary

December 9, 2020 DairyBusiness News Team DP 0

President-elect Joe Biden turned to former Iowa Governor Tom Vilsack to reprise his Obama administration role as U.S. agriculture secretary, according to two people familiar with the decision, tapping a Farm Belt politician with deep [Read More …]

Dairy Markets Gorge Themselves and Suffer a Post-Holiday Hangover

December 8, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending December 4, 2020 There is plenty of fodder for both the bulls and the bears, creating a rather schizophrenic trading market. We’re in a full-blown weather market, [Read More …]

USDA release report on agricultural trade with China

December 3, 2020 DairyBusiness News Team DP 0

The Office of the U.S. Trade Representative (USTR) and the U.S. Department of Agriculture (USDA) today issued a report highlighting the progress made to date in implementing the agricultural provisions in the U.S.-China Phase One [Read More …]

Rising Coronavirus Infections Likely to Stifle Dairy Demand

November 23, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending November 20, 2020 Concerns about worsening demand are colliding with rising supplies as milk floods the market. Coronavirus infections are rising relentlessly, and they threaten to swamp [Read More …]

Improving the sustainability of global dairy production: IDF Animal Health report 14 released

November 2, 2020 DairyBusiness News Team DP 0

The International Dairy Federation (IDF) has released the 14th edition of its Animal Health Report, presenting animal health and welfare research from 11 different countries and 3 international organisations. The 14th edition of the IDF [Read More …]

Spot Cheddar Markets Sprint Uphill And Barrels Set The Pace

October 20, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending October 16, 2020 The spot Cheddar markets once again sprinted straight uphill, and barrels set the pace. They finished today at $2.205 per pound, up another 15ȼ. [Read More …]

Bears Give the Bulls Free Rein of LaSalle Street

October 5, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending October 2, 2020 All of the CME spot markets moved higher, and cheese did so with particular verve. Once the laggard, barrels are now the leader. The [Read More …]

Dairy Markets are Wavering

September 29, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending September 25, 2020 Those markets that gained ground last week gave some of it back this week, while last week’s losers are now on the rise. Like [Read More …]

News

Yili Group Becomes World’s Most Valuable Dairy Brand

September 24, 2020 DairyBusiness News Team DP 0

Brand Finance, the world’s leading independent brand valuation consultancy, has released its Food & Drink 2020 report, in which Asian dairy giant Yili Group (“Yili”, SHA: 600887) is named the most valuable dairy brand and the [Read More …]

The Block Market Looks Feisty Again

September 22, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending September 18, 2020 CME spot Cheddar blocks soared to the largest single-session increase on record. Barrels followed reluctantly and the block-barrel spread gaped. The market is on [Read More …]

Tracking Ag Trade: July Changes

September 15, 2020 DairyBusiness News Team DP 0

USDA’s import and export trade data for July 2020, released last week, provides important insight into the continuing impact of the COVID-19 outbreak on U.S. agricultural trade. July 2020 marked the fifth consecutive month and [Read More …]

Pandemic and Economic Recovery Concerns Weigh on Dairy Values

September 15, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending September 11, 2020 Dairy producers are doing their best to top up the bulk tank while the futures promise decent Class III values. Cheesemakers are going strong, [Read More …]

Food Union Invested €18.8M and Secured €277M Turnover in 2019

August 13, 2020 DairyBusiness News Team DP 0

Food Union Group, one of Europe’s leading ice cream and dairy producing groups, ended 2019 with a strong performance, amounting to €277-million in net revenue and a gross profit of €104-million.The Group committed capital investments of €18.8-million [Read More …]

There Was a Lot of Red Ink at the CME This Week

August 3, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending July 31, 2020 Although things had started to bounce back in June, the fledgling economy recovery seems to have stalled in July as the virus rages on. [Read More …]

Wisconsin DATCP Guidance on Unsolicited Seed Packages

July 29, 2020 DairyBusiness News Team DP 0

The Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) has been notified that some Wisconsin residents have received unsolicited packages in the mail containing seeds that appear to have originated from China. The types [Read More …]

Warning about suspicious packages of seeds appearing to be from China

July 28, 2020 DairyBusiness News Team DP 0

If you’ve received a mysterious package of seeds in the mail lately, don’t plant them. Agriculture departments in Kansas, Kentucky, Ohio, South Carolina and Washington state are among the state agencies that have issued warnings. The packages typically have Chinese characters on [Read More …]

CME Spot Cheddar Blocks Continue to Tumble

July 27, 2020 DairyBusiness News Team DP 0

Cheddar blocks have lost ground every day since they topped out less than two weeks ago. Still, there is more than enough cheese to meet demand, even if manufacturers dug into inventories last month. The [Read More …]

CME Spot Cheddar Blocks Charged Out of the Gate This Week

July 20, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending July 17, 2020 CME spot Cheddar blocks came charging out of the gate this week. On Monday they sprinted 8.5ȼ straight uphill, to a record shattering $3 [Read More …]

U.S. Dairy Exports Continue to Overperform in 2020 with Rising Demand from Asia

July 7, 2020 DairyBusiness News Team DP 0

Michael Dykes, D.V.M., President and CEO of the International Dairy Foods Association, released the following statement today on the May 2020 agricultural export data released by the U.S. Department of Agriculture: “U.S. dairy exports continue [Read More …]

Fireworks Boomed on LaSalle Street a Week Ahead of Schedule

June 29, 2020 DairyBusiness News Team DP 0

T.C. Jacoby Weekly Market Report Week ending June 26, 2020 The fireworks boomed on LaSalle Street a week ahead of schedule. CME spot Cheddar blocks rocketed to an all-time high at $2.81 per pound. Then [Read More …]

COVID-19 Spurs Food Union To Launch E-Commerce Platforms For European Consumers

June 18, 2020 DairyBusiness News Team DP 0

Food Union, a global dairy production and distribution group, has launched an e-commerce distribution service in four European countries, delivering ice cream, dairy products, pastry and frozen food directly to customers. Food Union will now [Read More …]

Dairy Markets Made Astounding Gains This Month

June 2, 2020 DairyBusiness News Team DP 0

The T.C. Jacoby Weekly Market Report Week Ending May 29, 2020 The pandemic sickened the dairy markets in April, creating immense pain on the farm. Dairy producers have cashed a paltry April milk check, and [Read More …]

Progress on U.S.-China agreement implementation

May 28, 2020 DairyBusiness News Yoda 0

Recent actions build upon actions announced by USDA and USTR in February and March The U.S. Department of Agriculture (USDA) and the Office of the U.S. Trade Representative (USTR) announced additional progress in the implementation [Read More …]

Tariff revival and soybean exports

May 12, 2020 DairyBusiness News Yoda 0

New tariffs against China threatened for China’s coronavirus behavior Recent soybean price weakness reflects new tariff threats against China that emerged as an option for retaliation against Chinese behavior regarding the coronavirus. A collapse of [Read More …]

U.S. dairy export volume up 7th straight month, despite coronavirus outbreak

May 8, 2020 DairyBusiness News Yoda 0

Value of $592 million most in 5+ years, fueled by growth in SE Asia. U.S. dairy exporters topped year-earlier levels for the seventh straight month in March, despite disruptions resulting from the coronavirus outbreak. [Read More …]

Watching China’s End of the Bargain

May 8, 2020 DairyBusiness News Yoda 0

Purchases Need to Accelerate to Meet Phase 1 Goal As part of the Phase 1 Economic And Trade Agreement between the U.S. and China, the Chinese agreed to purchase no less than $12.5 billion in U.S. agricultural [Read More …]

Reviewing Expected Benefits of Dairy Revenue Protection and Dairy Margin Coverage

April 29, 2020 DairyBusiness News Yoda 0

As global milk supplies tightened toward the end of 2019, milk prices reached their highest level since 2014, coming in at more than $20 per hundredweight. USDA’s December World Agricultural Supply and Demand Estimates projected that all-milk [Read More …]

Outlook For U.S. Dairy

U.S., China Phase One Agreement – Year One

Dairy Prices Ripple Across the Industry… And Now Feed Prices

Biden picks Tom Vilsack to reprise role as Agriculture secretary

Dairy Markets Gorge Themselves and Suffer a Post-Holiday Hangover

USDA release report on agricultural trade with China

Rising Coronavirus Infections Likely to Stifle Dairy Demand

Improving the sustainability of global dairy production: IDF Animal Health report 14 released

Spot Cheddar Markets Sprint Uphill And Barrels Set The Pace

Bears Give the Bulls Free Rein of LaSalle Street

Dairy Markets are Wavering

Yili Group Becomes World’s Most Valuable Dairy Brand

The Block Market Looks Feisty Again

Tracking Ag Trade: July Changes

Pandemic and Economic Recovery Concerns Weigh on Dairy Values

Food Union Invested €18.8M and Secured €277M Turnover in 2019

There Was a Lot of Red Ink at the CME This Week

Wisconsin DATCP Guidance on Unsolicited Seed Packages

Warning about suspicious packages of seeds appearing to be from China

CME Spot Cheddar Blocks Continue to Tumble

CME Spot Cheddar Blocks Charged Out of the Gate This Week

U.S. Dairy Exports Continue to Overperform in 2020 with Rising Demand from Asia

Fireworks Boomed on LaSalle Street a Week Ahead of Schedule

COVID-19 Spurs Food Union To Launch E-Commerce Platforms For European Consumers

Dairy Markets Made Astounding Gains This Month

Progress on U.S.-China agreement implementation

Tariff revival and soybean exports

U.S. dairy export volume up 7th straight month, despite coronavirus outbreak

Watching China’s End of the Bargain

Reviewing Expected Benefits of Dairy Revenue Protection and Dairy Margin Coverage

Dietary crude protein: how low can we go thanks to the amino acid balancing concept in dairy cows?

Why Herd Immunity Matters to Your Dairy

What If You Could?

Cover Crops After Corn Silage