DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jan 28, 2013 03:57 PM CST

Potential Class III milk prices below $17.00 are a growing concern. It has not been too long since milk prices were that low or lower. The last time milk price was below $17.00 was in July 2012. Feed prices were lower at that time relative to where they currently are. However, milk production continues to remain strong with cow numbers increasing as well as production per cow. There has been some idea the recent discovery of dicyandiamide (DCD) in milk in New Zealand might improve demand for our milk and milk products. It is still too early to tell, ...

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