NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Mar 8, 2013 03:45 PM CST
Milk

Milk plants are able to process milk volumes, easily keeping trucks moving efficiently. Milk receipts have increased recently lending to the idea spring flush is just around the corner. Fluid milk demand is termed as steady in most areas with weather settled down across the country. USDA estimates total milk production this year to total 201.9 billion pounds, up 900 million pounds from their February estimate. Beginning commercial stocks on a fat basis were raised to 12.2 billion pounds, up 3.0 billion pounds from February. Exports were raised 400 million pounds. Class III price is estimated to average $18.05, ...

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