NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Aug 19, 2014 04:46 PM CDT
Milk

Global Dairy Trade auction prices were mixed with the trade weighted average down 0.6%. This makes 12 of the past 13 consecutive trading events showing declines. Although the overall price decline was small, there were some interesting price changes in the categories. Whole milk powder price increased 3.4% to $2,804mt or $1.27 per pound. Skim milk powder declined 12.0% at $2,874mt or $1.30 per pound. Anhydrous milk fat increased 3.6% to $3,566mt or $1.62 per pound. Butter increased 4.6% to $2940mt or $1.33 per pound. Cheddar cheese fell 7.9% to $3,453mt or $1.57 per pound. Buttermilk powder declined 2.5% ...

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