Latest Headlines - January 27, 2012

Dairy economists watching dry whey, export markets

By Alyssa Sowerwine

MADISON, Wis. — Cheese and butter prices at the Chicago Mercantile Exchange (CME) have been decreasing since the beginning of January, and dairy market analysts do not see a lot of prospects for a price rebound in the short term.

To start the week off, the latest milk production data released by USDA’s National Agricultural Statistics Service (NASS) on Monday came as a bit of a surprise to some analysts who were anticipating weaker milk production levels.

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Other top stories:

• Lowfat flavored milk cut from reimbursable school meals
• Glanbia inks deal to build in downtown Twin Falls, Idaho
• Production of U.S. milk in 2011 up nearly 2 percent

Clock Shadow Creamery gears up to open this spring in Milwaukee Cedar Grove Cheese owner expands business By Kate Sander MILWAUKEE — Urban southside Milwaukee isn’t a conventional place to open a cheese factory. Then again, Bob Wills, president of Cedar Grove Cheese in Plain, Wis., as well as the president of soon-to-open Clock Shadow Creamery in Milwaukee, has never been one to worry too much about what’s conventional. At Cedar Grove Cheese, Wills has always been one to think outside the box. In 1993, he was the first cheesemaker to certify his products as being rbST-free. Click to continue reading...

Today's Cheese Spot Trading January 27, 2012 Barrels: $1.4950 (+1) Blocks: $1.5100 (+1/2) Click here for more market activity

	Editor's Pick
	““I think we’re pretty much hitting the floor right now for cheese (prices). Even though markets are down, they’ve been going down incrementally — not steep drops. The market seems fairly content in this zone.” -— Mike North, senior risk management advisor with First Capitol Ag, Platteville, Wis.

Photo of the Week

Photo courtesy of Organic Valley

GREEN GROWTH — Organic Valley has completed a $6.7 million addition to its headquarters in La Farge, Wis. The new 33,000-square-foot space features a comprehensive research and development facility with a sensory lab, processing lab capable of simulating product conditions, wet chemistry and microbiology lab, packaging laboratory and library, technical library and innovation room.

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