NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jun 18, 2014 04:14 PM CDT
Milk

Evidence can be seen on the milk production report of the direction the market is headed. We have known that slaughter numbers have been declining. Cow numbers in May increased 10,000 head in both the top 23 states and in the U.S. The number of milk cows on farms totaled 9.25 million head. Milk production in the top 23 states increased 1.5 percent with production per cow averaging 1,976 pounds. U.S. production per cow averaged 1,951 pounds with milk production up 1.4 percent. This is the highest percentage increase so far this year. Of the top 23 states, there ...

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