NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jan 14, 2013 04:02 PM CST
Milk

Despite steady to higher cash prices, traders were not too excited about a change in trend. Consumer demand and buyer interest just is not strong enough to support the market. A change in trend may be unfolding in grain prices which will have a large impact on milk supply and milk prices as the year progresses. There is some concern developing over the dryness and weather outlook for the upcoming spring. It is still too early to tell what will transpire, but another year similar to last year would be devastating. Corn price gained 15 cents per bushel, soybeans ...

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