NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jan 16, 2013 04:43 PM CST
Milk

Manufacturing supply of milk remains stronger than expected for this time of year. Bottling demand is steady. Milk production continues to improve across much of the nation. So far, feed supplies are sufficient with quality not having a significant impact on production. There is much concern over available hay supply. USDA reported on their quarterly stocks report indicated that hay stocks are at the lowest levels since 1957 at 76.55 million tons. These stocks are down 15.6% from a year ago. I would anticipate there will be fewer hay acres this year as a result of high corn and ...

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