NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Aug 26, 2014 03:30 PM CDT
Milk

Milk production is steady at levels above last year. Dairy farmers are pushing to increase milk production as well as increase cow numbers. September Class III futures closing at $24.07 leaves price just 24 cents shy of the record Class III price set in April. I did not think milk prices would be able to come back in the vicinity of spring prices, but here we are. It has been an incredible year for milk prices. We still have four months left of the year and much can happen, but indications are that even a drop in price may ...

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