NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Jul 29, 2013 04:03 PM CDT
Milk

Milk production in the West continues to be affected by hot weather. Much of the rest of the country is experiencing better weather, allowing for some increase in milk production since the hot weather abated. However, production continues to run 8%-10% below the level it was prior to the hot spell. Milk is selling at least $2 above class with a few bids higher, but that seems to be the exception. Large cheese and butter inventories temper the desire of manufacturers to aggressively go after any milk that is available. Bottlers are looking ahead to schools opening hoping to ...

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