183 | Markets, Margins & Macro Economics: December Monthly Market Update | Dairy Market
In this episode of the Uplevel Dairy podcast, Peggy Coffeen is back for a monthly market update with Curtis Bosma from HighGround Dairy.
This month they discuss the current state of dairy markets, including price volatility and the impacts of political headlines such as the bird flu on milk production in states like California versus expansion in others.
Curtis highlights butter and cheese markets' dynamics, touching on trends in butterfat production and export opportunities for cheese due to price adjustments. The conversation also covers economic challenges like consumer credit card debt impacting consumer spending and food service traffic, and policy discussions surrounding the Farm Bill and programs such as cooperatives working together (CWT) and USDA purchasing assistance.
The episode dives into the importance of managing margins and choosing the right advisors for dairy producers while reflecting on market intelligence insights and the critical role of merchandisers in the supply chain.
Snag your own December Market Update here: https://marketing.highgrounddairy.com/producer-market-update-december-2024.
This episode is brought to you by:
HighGround Dairy provides global dairy market intelligence, insurance services, futures & options brokerage, and advisory programs to a diverse range of dairy market participants throughout the supply chain.
Information shared in this podcast is for educational purposes and is not a solicitation to buy or sell commodities. Opinions expressed are current opinions as of December 18, 2024 at 12 p.m. CST and only represent the views of the speaker and not those of HighGround Trading, unless otherwise expressly noted
