NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Aug 29, 2013 04:10 PM CDT
Milk

Milk movement this week has been a challenge for many handlers. Milk receipts were lower in many areas due to the hot weather, while bottling demand was higher to provide milk for schools. Labor Day holiday promotions were also increasing demand for various products. This has been a supportive factor for prices, but may not last if today is any indication of market direction. USDA announced it will resume quarterly surveys of dairy cow numbers and production per cow beginning in October. This report was trimmed to just milk production as required by the sequestration. Fonterra confirmed today that ...

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