Ethanol production last week declined as stocks grew. The U.S. Energy Information Administration says ethanol production averaged 1.081 million barrels per day, the lowest since late May and down 28,000 on the week, but up 38,000 on the year. Iowa State University’s Center for Agricultural and Rural Development says the estimated operating margin for the…… Continue Reading
Cash dairy prices were mixed and cheese prices stopped falling Wednesday on the Chicago Mercantile Exchange. Dry whey was down $0.0050 at $0.5675. Six sales were recorded, ranging from $0.5675 to $0.5725. Forty-pound cheese blocks were up $0.0150 at $1.61. Seventeen sales were recorded, ranging from $1.5975 to $1.6325. Cheese barrels were up $0.0125 at $1.6275. Six…… Continue Reading