DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jul 7, 2014 04:37 PM CDT

Manufacturing milk supply continues to remain heavy in many areas with plants running at or near capacity. Milk production has stabilized with spring flush now history. Milk production in the South is declining seasonally Spot load availability of milk has diminished with prices now ranging from $3.00 under to $1.00 over class. Grain futures took a hit today as weather forecasts do not indicate a heat dome or even any excessive heat in the grain belt over the next two weeks. Lower grain prices will keep milk production strong as feed will be pushed to cows. Milk futures continue ...

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