NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jun 28, 2013 04:48 PM CDT
Milk

The all-milk price for June remained unchanged from May at $19.70, according the USDA's Agricultural Prices report released Thursday. Alfalfa hay price slipped $1.00 per ton to a current average price of $220. The all-hay price declined $4.00 per ton to $199. Even though hay has been harvested with supply a bit looser, it has had limited effect on overall prices. Hay price is expected to remain high throughout this year. The June milk/feed ratio was unchanged from May at $1.53. This is up 15 points from last year, but certainly nothing to get too excited over. The decline ...

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