The Latest: September - 2026
Protein Reigns Supreme in the GLP-1 Era
Protein reigns supreme over the dairy complex. In the GLP-1 era, consumers are hungry for protein in all forms, and dairy delivers. Whey proteins are particularly desirable thanks to their neutral flavor. Food processors covet whey powders, protein concentrates (WPCs), and protein isolates (WPIs) as they seek to improve nutritional labels without sacrificing on taste or texture. Demand for WPC with at least 80% protein has faded as prices have climbed high enough to push buyers to alternative sources, including milk protein concentrate. But food makers continue to snap up WPC-34 and WPIs.
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According to the National Oceanic and Atmospheric Administration, the U.S. just suffered its hottest summer ever. Soaring temperatures weighed on milk yields and tightened supplies as heat stress accumulated late in the summer and into September.
View reportThe Global Dairy Trade (GDT) auction kicked things off with bang and all products gained significant ground. Cheesemakers are running at their usual pace, as long as they can find the staff to do so and demand remains healthy.
View reportCME spot butter jumped 9ȼ this week. July butter production fell 0.8% short of the frantic pace of July 2020, but was still historically high. There is plenty of butter socked away to last through the fall and holiday baking season.
View reportHeat, humidity, and smoke are sapping milk yields around the nation. Higher Class I sales from coast to coast, coupled with sweltering temperatures, has tightened milk supplies noticeably. Meanwhile, students are back in school and all are eligible for free lunches with a carton of milk on the side.
View reportThere is an abundance of milk in both the United States and Europe, but momentum is slowing. The combination of summer temperatures and back-to-school demand has tightened milk supplies noticeably.
View reportThe spot Cheddar block market found the gas pedal this week, moving convincingly upward. Spot block prices closed higher than the previous session on four out of the week’s five trading days. Yet, as cheese prices moved up at the CME this week, dry whey prices moved down.
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