NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jul 2, 2014 02:46 PM CDT
Milk

Milk production continues to remain strong overall. Some areas indicate lower production due to increased temperatures, while at the same time they indicate manufacturing plants remain full. The Global Dairy Trade auction Tuesday seems to have turned traders more bearish as concern increases over the ability of the U. S to compete in the world market at current high prices. The extended Fourth of July weekend will allow more milk to be available for manufacturing, keeping plants full. Florida sent 130 loads of milk out of the state this week compared to 105 last week and 88 loads a ...

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