NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Feb 15, 2013 04:26 PM CST
Milk

There was volatility in milk futures this week, but the end result was lower prices than a week ago. Extra price premium was eliminated from contracts in order to get in line with the underlying cash. USDA's Dairy Market News indicates there are reports that California milk production is beginning to pull ahead of year-ago levels for the first time in many months. Weather has been near ideal according to the publication. This seems a bit unreal due to many earlier reports of significant financial struggles in the state. The milk production report in March will tell the story ...

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