Dairy prices were mostly down on the world market as Tuesday’s Global Dairy Trading index fell 4.3%, the second-largest drop in the index since February. More than half of Tuesday’s trade was whole milk powder, which saw prices fall 8%. Cheddar cheese and skim... Read More.
Soybeans were mixed, mostly lower, on bull spreading. Beans continue to watch the weather, with hot temperatures and mixed rainfall this week. Some northern growing areas could see rain, while other areas should remain dry. The big test will be weather during the... Read More.
The Global Dairy Trade Index fell 3.3% in Tuesday’s trading session. Prices for all products were down, but butter and buttermilk powder took the largest fall. Buttermilk powder was down 11.4% to just $2,189 per metric ton, or $0.99 per pound. Butter was down 10.3%... Read More.
Soybeans were sharply higher on speculative and technical buying, pulling contracts to a higher weekly finish. Farmers planted fewer than expected soybean acres this year and quarterly stocks were below pre-report estimates. Near-term crop weather looks mixed, with increased chances of rain in... Read More.