NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Dec 7, 2012 03:16 PM CST
Milk

Class III milk futures fell drastically this week. Traders gave up hope of a cash price rally and liquidated futures as barrel price weakened. It was as if they threw in the towel. Futures contracts fell further this week than they did other weeks when cash price declines were greater. The steep decline has set itself up for a significant price rally if cheese buyers and traders feel a bottom has been established. However, relatively strong milk production with decreasing demand will keep a lid on a price rally potential. The January milk futures contract was able to close ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
USDA Extends Dairy Program Deadlines
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
Dairy Files for Bankruptcy