NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri May 3, 2013 03:45 PM CDT
Milk

It is a hard pill to swallow realizing the June Class III contract reached $19.66 earlier this week only to close at $18.91 at the end of the week. It is harder yet to understand why this happened due to cheese prices closing higher than last week. The logical explanation is the desire of the trade to take the excess price premium out of the market. Closing cheese and butter prices at the end of the week calculate to a Class III price of $18.49 and a Class IV price of $18.62. Of course daily price fluctuations will take ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments