NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 1, 2014 04:06 PM CDT
Milk

Milk production is slowing seasonally while overall production continues to remain above last year. Dairy producers desire to push as much milk as possible and are retaining cows to do it. Dairy cattle slaughter in June totaled 199,000 head, down 10,000 head from the previous month and the lowest slaughter for the month of June since 2008 and also the lowest slaughter for any month since June 2008. Cull cow prices remain high, but good milk prices outweigh the desire to cull cows. Weather has been good for feed production with the strong potential for lower grain prices as ...

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