Thursday, April 1, 2010

Dairy Product Report

Today, USDA release its "Dairy Product" report:

The report shows cheese production up 1% over February 2009. Again, these are not precise measurements, however, there were a number of disruptive storm which, perhaps, sent more milk to the cheese vats.

Interestingly, MPC production was down. Rumor has it, the profit just isn't there - how odd. At the same time MPC imports for January, the latest month available, were also down.

1 comment:

  1. Do you think the MPC importers are feeling any heat after the GAO report?