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

Global Dairy Trade auction prices were mixed Tuesday with the overall trade weighted average increasing 0.7 percent over the previous event. Whole Milk Powder price increased 0.1 percent to $4,757mt or $2.16 per pound. Skim Milk Powder gained 3.1 percent to $4,441mt or $2.01 per pound. Anhydrous Milk Fat price increased 1.2 percent to $4,645mt or $2.11 per pound. Butter price fell 5.7 percent to $3,707mt or $1.68 per pound with Cheddar cheese price down 3.7 percent to $4,395mt or $1.99 per pound. Milk production has been strong resulting in strong dairy product output. There are some reports indicating ...

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