The Dairy Management Incorporated’s New Product Competition is accepting applications for innovative products that focus on dairy’s qualities related to calming. The program used to be known as the National Dairy Council New Product Competition. It’s open to U.S. undergraduate and graduate students to develop products in line with industry and consumer insights to uncover innovative dairy-based products that offer calming benefits. Research shows that, with a heightened emphasis on mental and emotional well-being, consumers are looking for products that calm. There is projected growth associated with products that calm, and these are of particular interest to Gen Z consumers. Successful entries will demonstrate innovation and provide value to consumers. The judging panel includes experts from across the dairy industry. The winning team will earn $8,000, with second place receiving $5,000, and $3,000 going to third place. The application deadline is January 16, 2023. For more information, go to usdairy.com.
Monday Closing Dairy Market Update - Growing Milk Inventory Limits Upside Potential
MILK: Class III futures in nearby contracts quickly faded when the cheese, butter, and dry whey spot prices declined. Traders had be...

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OUTSIDE MARKETS SUMMARY: CORN: 1 Lower SOYBEANS: 3 Higher SOYBEAN MEAL: $11...
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Block cheese price increased 1.75 cents, closing at $1.7525 and the highest price it has been since May 7. There were 3 loads changing hand...
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In California, milk production is weaker. However, handlers indicate recent herd health challenges have somewhat subsided. Stakeholders conv...