NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jun 16, 2014 04:16 PM CDT
Milk

Dairy markets seemed to have moved into neutral. Traders seem to be neither bullish nor bearish, but continue to trade short term. Seasonally, prices would be increasing through September or October before dropping off to the end of the year. Markets have been running contra seasonal and may continue to hold that pattern. Milk futures exhibit this pattern with lower prices from now through the end of the year. Cows are being pushed to produce as much milk as possible. Manufacturing plants are producing dairy products to build supply for expected demand through the end of the year. Milk ...

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