NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jul 26, 2013 03:52 PM CDT
Milk

Dairy cattle slaughter for the month of June totaled 220,000 head, down 28,000 head from May and down 9,000 head from a year ago. This is the lowest monthly slaughter since July 2011. The influx of new forage and good weather plus the prospect for a good milk price, decreased the desire to liquidate cattle. Some milk production has been regained since the heat wave that impacted much of the country. That rebound has been minimal, but nevertheless is taking place. Components are not improving and remain depressed seasonally reducing cheese yield. Overall over the past few weeks, milk ...

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