NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri May 17, 2013 02:40 PM CDT
Milk

Milk production this week across the country was mixed. Some areas continue to see increases while others have reached and surpassed peak milk production. Class I demand continues to decline on a weekly basis depending on areas and schools system closings. Demand for Class II products continues to improve, but at a slower pace than usual. Overall cooler-than-normal weather continues to linger in some areas. Ice cream production is increasing as manufacturers build stocks for upcoming summer demand. Despite lower prices early this week pushing all Class III futures below $19.00, both August and September were able to claw ...

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