Morning Dairy News, 11/12/2015

Thursday, November 12, 2015

Following gains in the latter half of last week, prices retreated somewhat in the CME spot market for dairy commodities

Enquiries for new orders are few and far between – both from within Europe and also on the export market,"

"The market remains weak and all eyes will be on GDT next week to see if this slide can be arrested,"

Fonterra has removed a further 20K MT of WMP from the 12 month forecast, down 130K MT in total since the beginning of August

Dean Foods: "We see China's milk supply expanding faster than their weaker consumption,"

Dry whey exports in September were down 32.1% at 11,268 metric tons with year-to-date exports down 19.7%

The Drought Is Turning Dairy Farmers Away From Thirsty Feed Crops

Australia remains a tough market with fierce competition for milk supply and over-capacity in dairy production

GEA on the challenges of building an earthquake proof milk plant for Fonterra

China will import >400k tons of Mongolian forage next year to cope with growing demand for dairy & high-protein products

Soybean futures moved lower overnight after bouncing yesterday in an attempt to recover the steep post-WASDE losses

Large herds and heavy (cattle) weights bear down on reports of the highest frozen meat inventory on record

Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

Market Intelligence Free Trial

Meet the Team

Kansas City, MO
1251 NW Briarcliff Parkway
Suite 800
Kansas City, MO 64116
Tel:+1 (816) 410-5079



Our privacy policy has changed. View our privacy policy to learn more.