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Items Tagged with 'Dairy Market News'
Milk available for cheese making is tightening seasonally across much of the country. Limited spot milk loads for cheese production are available at premiums above Class. Cheese plants that want to run at highest efficiencies are looking for milk or additional solids to bolster production.
Hot, humid weather conditions have accelerated milk production declines in Florida, Arizona and the Midwest. Manufacturing milk supplies have declined across most of the nation; due to milk production declines and Class I demand increases.
The USDA's Dairy Market News reports that that Process cheese sales are “strong” while Natural cheese sales are “off a little” in the Midwest. Overall, most manufacturers are “comfortable” with the current cheesemaking situation.
Western butter prices are steady to weak as increased butter in cold storage weighs on the market. Buyers are looking for discounts as an incentive to purchase more than immediate needs.
The retail price for a pound of butter is $2.53, a drop of 51 cents from two weeks ago. Shredded cheese, ice cream, regular and Greek yogurt prices rise.
Where's the butter? Some inventories are close to zero. USDA also reports that extra milk for cheese is scarce
Some butter manufacturers find their inventories are close to zero but some have substantial inventories. Extra milk for cheese is harder to obtain, say some cheesemakers.
Milk handling over the holiday weekend went along planned schedules with processing plants on active duty with auxiliary plants being brought into action. Cheese production levels across the country were mixed this week. Production in the Midwest remains strong as larger milk supplies and good component levels add to inventories.
Nonfat dry milk production remains heavy with producers holding inventories more confidently, according to the latest Dairy Market News by the USDA. Higher than anticipated volumes of milk are being directed to cheese plants across the nation. Despite increased inventories of cheese, manufacturers are reporting good sales and are mostly comfortable with the added production.
Cheese markets across the U.S. continue to look for a clear price direction. Milk production in the East and Midwest is increasing, and Western milk supplies are building as Arizona and New Mexico near peak production.
Aseptically packaged UHT organic milk is currently being exported mostly by national processors, but now some smaller state and regional organic cooperatives want to negotiate export deals for UHT organic milk to Asian countries.