It's the 4th quarter and Mark Stephenson and Bob Cropp discuss whether the markets can hold milk prices where they are. Cheese, butter and whey prices look like they suggest lower values than are seen in the Class III futures market. The video is about 11 minutes long.
The video should stream in most browser versions greater than and including: Firefox 3.5, Chrome 3, Internet Explorer 9, Safari 3, Opera 10.5, and IOS (iPhone, iPad, etc.) devices.
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Percent Change in Milk Production |
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Milk per Cow per Day |
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Number of Cows |
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Butter Stocks |
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Cheese Stocks |
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MPP Margin |
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CME Class III and Class IV Futures |
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CME Spot Cheddar Prices |
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NASS Value of the Ration |
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CME Corn Futures |