Weekly forecast – Mar. 1, 2024
We have migrated the weekly forecast to the Weekly Outlook Dashboard – Forecast Update to provide more data each week.
Weekly forecast Feb. 16, 2024
We have migrated the weekly forecast to the Weekly Outlook Dashboard – Forecast Update to provide more data each week.
Weekly Forecast – Feb. 9, 2024
Weekly Forecast Write-up Link
Weekly forecast – Feb. 2, 2024
Forecast Update 020224
Monthly Forecast – February 2024
Cheese Increased the Q1 price expectations – sustained rising prices Q2 forward. 1. Reports suggest that demand is picking up. 2. Forecast still has prices post-Super Bowl easing for a bit, but not as low as recent prices. 3. Exports will be vital to improving US cheese prices – anecdotal reports indicate that demand may increase. Mexico will be critical Read more
Weekly forecast – Jan. 26, 2024
Forecast Updates It should be noted that Ceres has not yet incorporated FMMO changes into the 2025-2026 forecast. Given the current pace of the hearing, it seems unlikely there will be any impact in 2024. Class III-Cheese-Whey: Cheese: Adjusted Q1 prices are higher than last week but consistent with the monthly forecast. Seasonally, prices could still come under pressure after Read more
Weekly forecast – Jan. 19, 2024
Forecast updates It should be noted that Ceres has not yet incorporated FMMO changes into the 2025-2026 forecast. Given the current pace of the hearing, there seems unlikely to be any impact in 2024. Class III-Cheese-Whey: No significant updates this week. Reduced 1H 2024 WPC34 forecast due to lower NDM projections Class IV-Butter-NDM: No significant updates to butter. Increased FEB-MAR Read more
Weekly forecast – Jan. 12, 2024
Forecast updates It should be noted that Ceres has not yet incorporated FMMO changes into the 2025-2026 forecast. Given the current pace of the hearing, there seems unlikely to be any impact in 2024. No significant changes – updates for spot markets across all products. Milk Market This week, severe winter weather affected milk shipments from farms to plants in Read more
Weekly Forecast – Jan. 5, 2024
Forecast updates It should be noted that Ceres has not yet incorporated FMMO changes into the 2025-2026 forecast. Given the current pace of the hearing, there seems unlikely to be any impact in 2024. With the beginning of the new year, markets look very different compared to a year ago. In 2023, global dairy markets had to absorb 500 million Read more
Monthly Forecast – January 2024
Forecast updates It should be noted that Ceres has not yet incorporated FMMO changes into the 2025-2026 forecast. Given the current pace of the hearing, there seems unlikely to be any impact in 2024. With the beginning of the new year, markets look very different compared to a year ago. In 2023, global dairy markets had to absorb 500 million Read more