11 days ago by John Bunting

USDA has released the national costs of production for milk produced in 2011. To say the data which is published regularly is disappointing would be an understatement. Obviously, there are those with higher than average costs. According to de facto USDA policy and the interpretation of the doctrine ...

57 days ago by John Bunting

The elevator is still going down on the CME Cheddar trading. Naturally, Kraft (can those two words be in the same sentence?) is setting the pace. There is a relationship between CME cheese prices and farm milk price. Anyone could wear out a box of pencils trying to figure how to make the numbers – d ...

85 days ago by John Bunting

Yesterday, USDA posted its monthly “ Milk Production” report and what do you know milk production was up an “unexpected” 2.5%. Naturally, trying to find a “price relationship” on a state-by-state basis is impossible. Texas had the largest increase and Missouri had the largest drop. New Mexico posted ...

89 days ago by Laura Cross

The nitrogen market has endured mixed fortunes lately. Strong crop markets and the resultant hike in demand for nitrogen fertilizers secured increased profits again for some key producers in H1 2011. On the other hand, country-specific factors had an overspill effect on global supply.

89 days ago by Laura Cross

The nitrogen market has endured upbeat fortunes lately, but not universally. Strong crop markets and the resultant hike in demand for nitrogen fertilizers secured increased profits again for some key producers in H1 2011. On the other hand, country-specific factors had an overspill effect on global ...

106 days ago by John Bunting

USDA came out with “National” monthly milk production costs. A link to the data (on spread sheets), as well as other milk production costs is here. If people are really rational thinkers, all dairy farms should be located in New Mexico, or so it would seem. Pennsylvania, which is where Senator Casey ...