NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Mar 12, 2013 04:27 PM CDT
Milk

March Class III futures could not hold above $17, slipping to $16.99. If the Class III price would be announced below $17 for March, it would be the first time since July that price has been below that level. Milk production is expected to remain at current levels and higher through spring flush. There are various ideas as to the extent of milk production that will take place during spring flush. Heavier culling is expected to continue, which may mitigate some of the potential increase. Feed prices remain high and hay supply is tight carrying a high price. Milk ...

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