Commodities

US dairy industry has 'discovered the power of exports'

US COMMODITIES CORNER

US dairy industry has 'discovered the power of exports'

By John Geuss

Now the world's largest exporter of nonfat dry milk (NDM) and skim milk powder (SMP), it is fair to say the US has discovered "the power of exports," says DairyReporter.com's US commodities expert John Geuss. 

Why are US milk producer prices still so high? In a word - EXPORTS!

US COMMODITIES CORNER

Why are US milk producer prices still so high? In a word - EXPORTS!

By John Geuss

Record high US milk producer prices continued into March on the back of booming international demand for American skim milk power (SMP), non-fat dry milk (NDM), whole milk powder (WMP) and butterfat, reports DairyReporter.com's US commodities expert...

US dairy producer milk prices hit record high! But why?

US COMMODITIES CORNER

US dairy producer milk prices hit record high! But why?

By John Geuss

US dairy producer are receiving record high prices for their milk. But why? DairyReporter.com's US dairy commodities expert John Geuss examines the chain of events behind the increase.

Why are US milk producer prices nearing a record high?

US COMMODITIES CORNER

Why are US milk producer prices nearing a record high?

By John Geuss

The prices paid to US milk producers in January 2014 were at a near record high, and are expected increase further in February. DairyReporter.com's US dairy commodities expert and MilkPrice blogger, John Geuss explains why...

(Photo: Flickr/Brian Williams)

US COMMODITIES CORNER

Why was 2013 'a very good year' for US dairy?

By John Geuss

Increasing milk prices, falling feed prices, and strong global demand for dairy meant 2013 was a "very good year" for the US dairy industry, according to DairyReporter.com US dairy commodities expert and MilkPrice blogger, John Geuss.

How is the US keeping up with SMP export demand?

US COMMODITIES CORNER

How is the US keeping up with SMP export demand?

By John Geuss

The US is producing and exporting more skim milk powder (SMP) than ever - but at the expense of nonfat dry milk (NDM). DairyReporter.com's US dairy commodities expert and MilkPrice blogger, John Geuss, explains...

Arla to debut British dairy at GlobalDairyTrade auction

Arla to debut British dairy at GlobalDairyTrade auction

By Mark ASTLEY

Arla Foods hopes to “maximise the value” of British milk through the sale of skim milk powder from one of its UK processing sites on the GlobalDairyTrade international dairy commodity auction platform.

Why does the US continue to drink less milk?

US COMMODITIES CORNER

Why does the US continue to drink less milk?

By John Geuss

US milk consumption has been steadily declining since the mid 1970s. But why? DairyReporter.com's US dairy commodities expert and MilkPrice blogger, John Geuss, examines the factors driving the decrease and the industry efforts to reverse the trend. 

Which categories are driving US dairy export growth?

US COMMODITIES CORNER

Which categories are driving US dairy export growth?

By John Geuss

While Mexico remains the largest export market for US dairy products, shipments to Asia and other emerging markets are on the up. Here, DairyReporter.com's US dairy commodities expert and MilkPrice blogger, John Geuss, pinpoints the categories and...

US government shutdown masks reason for cheese inventory decrease

US COMMODITIES CORNER

US government shutdown masks reason for cheese inventory decrease

By John Geuss

US cheese inventories are finally showing signs of a return to "historical levels." According to MilkPrice blogger, John Geuss, this can almost certainly be attributed to an increase in exports, but the unavailability of export data as a result...

Simon Coveney, Minister for Agriculture, Food and the Marine

EXCLUSIVE INTERVIEW WITH IRISH AGRICULTURE MINISTER

Irish minister commits to growing dairy production by 50% in 5 years

By Fiona Barry

Enda Kenny, Ireland’s Prime Minister, and Simon Coveney, the Irish Minister for Agriculture said the country will take advantage of changes to Europe’s CAP (Common Agricultural Policy) which will allow increased dairy production.

CAOBISCO talks dairy shortages after this week's European Commission conference

CAOBISCO concerned over dairy shortages

By Annie-Rose Harrison-Dunn

Forecast butter and milk powder shortages could limit the EU’s ability to keep up with domestic and global demand, according to chocolate and confectionery trade group CAOBISCO.

US cheese price climbs despite continuing 'historic' stock highs

US COMMODITIES CORNER

US cheese price climbs despite continuing 'historic' stock highs

By Mark ASTLEY

Despite US cheese inventories remaining "above historic levels", cheese prices, and as a result milk protein prices, increased in August. But why? DairyReporter.com's US dairy commodities expert and MilkPrice blogger, John Geuss, explains.

What's so special about milk protein?

US COMMODITIES CORNER SPECIAL

What's so special about milk protein?

Protein development is "very important" for the economic health of the US dairy producer, according to MilkPrice blogger, John Geuss. In this, the final installment of his four-part special on US dairy commodities, Geuss discusses the importance...

What's that got to do with the price of cheese in America?

US COMMODITIES CORNER SPECIAL

What's that got to do with the price of cheese in America?

By John Geuss

Do you know what drives the price of cheese in the US? Domestic consumption? Export demand? In this, the second installment of his four-part special on the US dairy commodities system, MilkPrice blogger John Geuss examines the factors that determine the...

The US milk payment system...How do they control the moooovements?

US COMMODITIES CORNER SPECIAL

The US milk payment system...How do they control the moooovements?

By John Geuss

Do you know your advanced pricing from your component pricing? In this, the first installment of a four-part special on the US milk payment system, MilkPrice blogger John Geuss explains the huge role played by the US government in controlling the country's...

Class III milk price suffers as US cheese, butter stocks remain high

US COMMODITIES CORNER

Class III milk price suffers as US cheese, butter stocks remain high

By John Geuss

High US cheese and butter stocks continued to impact commodity prices in July 2013, driving down the cost of milk protein, milk fat, and Class III milk. Until these inventory levels are reduced, the price of the affected commodities will continue to suffer,...

US cheese and butter inventories put pressure on future prices

US COMMODITIES CORNER

US cheese and butter inventories put pressure on future prices

By John Geuss

US cheese and butter inventories remained high last month, driving down the overall price of the commodities. If not reduced, these stocks will "weigh heavily" on future dairy prices, US dairy commodities expert and MilkPrice blogger John Geuss...

'Escalating' US cheese prices push Class III milk prices to year high

US COMMODITIES CORNER

'Escalating' US cheese prices push Class III milk prices to year high

By John Geuss

Class III milk prices hit their highest point of the year so far in May 2013 on the back of "escalating" cheese prices. US dairy commodities expert and MilkPrice blogger, John Geuss, has warned, however, that milk prices will drop if high cheese,...

Cheese price 'escalation' drives April Class III milk price increase

US COMMODITIES CORNER

Cheese price 'escalation' drives April Class III milk price increase

By John Geuss

Class III milk prices jumped in April on the back of a "significant escalation" in NASS cheese prices. US dairy commodities expert and MilkPrice blogger, John Geuss, gave DairyReporter.com an update of US dairy price movements...

US milk prices continue to decline as cheese inventories remain high

US COMMODITIES CORNER

US milk prices continue to decline as cheese inventories remain high

By John Geuss

Class III milk prices continued to fall in March 2013 despite a slight decrease in US cheese, dry whey, and butter inventories during the month. According to US dairy commodities expert and MilkPrice blogger, John Geuss, any "real recovery" in...

February milk prices drop as cheese inventories remain high - Part 3

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part three

By John Geuss

US butter and butterfat prices fell in February 2013 on the back of rising US butter inventories - a build up that has been attributed to increased production and flat export growth. But there is a solution.... US commodities expert and MilkPrice blogger,...

February milk prices drop as cheese inventories remain high - Part two

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part two

By John Geuss

Cheese inventories remained high going into February as a result of an exports slowdown at the end of last year. Stocks must be depleted before milk prices can improve. But how long will that take? US commodities expert and MilkPrice blogger, John Geuss,...

February milk prices drop as cheese inventories remain high - Part one

US COMMODITIES CORNER

February milk prices drop as cheese inventories remain high - Part one

By John Geuss

Class III milk and milk protein prices suffered in February 2013 as cheese inventories remained at near record highs going into the month. US dairy commodities expert and MilkPrice blogger, John Geuss, gave DairyReporter.com a breakdown of price movements...

January prices decline as exports weaken, inventories grow

US COMMODITIES CORNER

January prices decline as exports weaken, inventories grow

By John Geuss

Inventories of butter and cheese grew in January as supply outweighed export demand - causing prices to decrease. Is this a bad omen for 2013, or will exports recover quickly? US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...

Dairy prices down, but US market looking 'healthy' - Part two

US COMMODITIES CORNER

Dairy prices down, but US market looking 'healthy' - Part two

By John Geuss

In part two of his December 2012 US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on whey, cheese and butter prices, as well as the "positive" impact of the recent 'fiscal cliff' deal.

Dairy prices down, but US market looking 'healthy'

US COMMODITIES CORNER

Dairy prices down, but US market looking 'healthy'

By John Geuss

US dairy commodity prices dropped in December 2012, but low inventories and high exports have left the market still looking "healthy." US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com a breakdown of US dairy commodity...

November prices remain high, but cheese suffers 'unusual' drop

US COMMODITIES CORNER

November prices remain high, but cheese suffers 'unusual' drop

By John Geuss

US cheese prices remain high at more than $2 per pound (lb), but are 'falling rapidly' - an unexpected result considering October's 'tight inventories.' US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...

Milk protein prices jump 13% in October - Part Two

US COMMODITIES CORNER

Milk protein prices jump 13% in October - Part Two

By John Geuss

In part two of his October dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on cheese and butter demand and quick look ahead to November, December and the coming year.

Milk protein prices jump 13% in October

US COMMODITIES CORNER

Milk protein prices jump 13% in October

By John Geuss

US milk protein prices increased by 13% in October. But does the price  increase have the momentum to carry milk protein prices to the "exceptional highs" of 2008? US commodities expert and MilkPrice blogger John Geuss gave DairyReporter.com...

US dairy commodities blogger, John Geuss.

US COMMODITIES CORNER

US milk price increase continues

By John Geuss

Milk prices have continued to increase in the US, hitting $19 per hundredweight in September. But will the positive impact on dairy sector cash flow outweigh the long term negative effect on consumption? US commodities expert and MilkPrice blogger, John...

US dairy commodities blogger, John Geuss.

US COMMODITIES CORNER

August milk prices show significant increases - Part two

By John Geuss

In part two of his August US dairy commodities breakdown, MilkPrice blogger John Geuss gives DairyReporter.com the latest on cheese demand and a look ahead to September and beyond.

US dairy commodities blogger, John Geuss

US COMMODITIES CORNER

August milk prices show significant increases

By John Geuss

As a result of increased and unexpected US demand for cheese and butter in recent weeks, milk prices in the country have jumped by more than a dollar per hundredweight. US dairy commodities expert and MilkPrice blogger, John Geuss gave DairyReporter.com...