NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Mar 18, 2013 04:27 PM CDT
Milk

Even though higher futures prices unfolded over the past three trading sessions, contracts are nearly back up to where they were over a week ago. There has been no breakout of prices and no indication of a change in trend. At best, we can anticipate a sideways market for the time being. Demand for dairy products has increased recently, but there is concern over continued strength after Easter. Milk is moving around in the Midwest already with a discount. Spring flush will extend this pattern with discounts likely continuing through the spring. Schools and colleges will have spring breaks ...

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