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January 23, 2015- CME cheese prices weaken, may move lower as stocks rise
- IDFA commends Obama’s remarks on trade agreements
- ’14 milk production is just shy of 206 billion pounds
- U.S. cheese stocks hold mostly steady in December 2014
| Industry Snapshot |
 Photo courtesy of Glanbia Foods |
| QUALITY PATRON — Faria Dairy of Twin Falls, Idaho, recently was awarded Glanbia’s 2014 Quality Patron of the Year. The dairy owners were given a plaque and an all-expenses paid trip to Ireland. The annual award rotates between small, medium and large dairies. In order to be recognized for this award, Glanbia’s milk suppliers must meet strict quality standards over 12 months, paying close attention to all facets of dairy operations. “Their skilled operation is definitely reflected in the quality of their milk,” says Russ De Kruyf, Glanbia director of milk procurement. “Every year when Glanbia sits down to review the previous year’s milk quality, they are consistently in our top ten. We knew someday they would be awarded the top milk supplier of the year. They have been supplying Glanbia with high-quality milk for nearly 20 years, and this recognition is very well deserved.” |
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| Today's Cheese Spot Trading January 26, 2015 Barrels: $1.4500 (+1/2) Blocks: $1.4800 (NC) Click here for more market activity |
Cheese Production U.S. Total Nov. 948.708 mil. lbs. Milk Production 23 State Total Dec. 15.741 bil. lbs. |
| Guest Columnist | |
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Bear markets can last Also this week: “The delicious taste of $50 oil” by Edward Zimmerman |
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