NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jun 18, 2013 04:11 PM CDT
Milk

There is no direction to the market. However, underlying cash prices remaining in a tight range will eventually pull down milk futures as premium will be eliminated and contracts converge to cash. The Global Dairy Trade auction showed mixed results, but the overall trade weighted average increased 1.1%. Increases were seen in whole milk powder price, which was up 2.2% to $4,668 mt, or $2.12 per pound, skim milk powder increased 3.2% to $4,284 mt, or $1.94 per pound, anhydrous milk fat price increased 1.7% to $4,589 mt, or $2.08 per pound, and butter gained 4.7% to $3,925 mt, ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
Dairy Price Downward Trend to Continue
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments