Morning Dairy News, 11/05/2015

Thursday, November 5, 2015

Exports of NDM/SMP from U.S. to Mexico in September; record of 27,440 tons, more than double last year's sales

How important it is to keep supply and demand in balance in order to minimize the extreme lows in milk prices

Food service demand has been solid. Interest in barrels has grown and buyers are seeking uncommitted inventories

(CME) Butter, cheddar barrel prices on the rise

U.S. yogurt production for Sep 2015 at 447.2 million pounds, -3.5% vs. Sep 2014, but +11.9% vs. Aug 2015

Industry contacts are asking when the (Butter) demand will be satisfied and an adjustment in price will follow

Planned expansion at Kraft Heinz in Lowville is great news for local dairy farmers

Kraft to Slash 2,600 More Jobs, Close Seven Plants

WCB posts $1.2 million loss, says farm-gate price too high amid global dairy rout

Decline in (GDT) auctions meant the bank's forecast milk price of $5.30 was now ''looking on the high side''

Russian Food Sanctions 2015: Meat, Cheese Shortage Feared Amid EU Embargo Over Ukraine Conflict

Saudi Arabian state-run Almarai bought the (Arizona) land last year. Almari imports more than 600k tons of feed per year

Cash values slid in an attempt to bring equilibrium to a market that still has to work through record-heavy cattle

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