Pubs & Podcasts --> Outlook --> July, 2021

Milk production gains have been large, but surprisingly Cold Storage is showing a draw down of cheese stocks. Butter stocks are ample but not larger than expected. This is because domestic and export sales have been brisk. Mark and Bob discuss the current markets and the outlook for pricres in this 11 minute video.

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 We've been asked to provide links to the graphs used in the podcast. Please find links below to each of the images.

American Cheese Stocks

Butter Stocks

U.S. Milk Production

U.S. Number of Cows

U.S. Average Daily Milk per Cow

Map of Percent Change in Milk Production
DMC Margin

Nonfat Dry and Skim Milk Production

Class III & IV Futures Prices
CME Spot Cheese Prices
CME Spot Butter Prices
July Futures Prices Over Time