Cash dairy prices were mixed Thursday on the Chicago Mercantile Exchange. Dry whey prices remained unchanged at $0.75, where they’ve been for nearly a week. No sales were recorded. Forty-pound cheese blocks were up $0.0025 at $1.9125. One sale was recorded at $1.91. Cheese barrels were unchanged at $1.8250. No sales were recorded. Butter was…… Continue Reading
U.S. ethanol production gained some ground during Christmas week. The U.S. Energy Information Administration says production averaged 1.111 million barrels per day, up 4,000 on the week and 62,000 on the year. That was despite Iowa State University’s Center for Agricultural and Rural Development reporting estimated operating margins for the average Iowa plant had fallen…… Continue Reading