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April 18, 2014

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Industry Snapshot

Photo courtesy of Plains Dairy
TOAST WITH MILK — Some of the board members of Plains Dairy toast the recent completion of a $10 million expansion of the company’s plant in Amarillo, Texas, during its April 9 dedication. The completed expansion, which included a new raw milk receiving bay, upgraded equipment, new fillers and several other upgrades, also coincides with Plains Dairy’s 80th anniversary celebration this year. “Every department has expanded and grown,” says Michael Holliman, marketing manager, Plains Dairy. “It’s all to help with efficiency and to grow with our parent company, Affiliated Foods.”
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Today's Cheese Spot Trading
April 24, 2014

Barrels: $2.1800 (-3 3/4)
Blocks: $2.2100 (NC)

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Cheese Production
U.S. Total Feb.
850.583 mil. lbs.

Milk Production
23 State Total Feb.
14.917 bil. lbs.

Guest Columnist

Hedging dairy, from a quant’s view

Aishwarya D. Govil, Rice Dairy

Also this week: “Breaking supply chain shackles” by Howard Kamerer, WOW Logistics, and “Changing paradigm in the role of universities” by John Lucey, Wisconsin Center for Dairy Research

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