NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Oct 1, 2013 04:01 PM CDT
Milk

Class III milk futures continue to slowly work higher. This has pushed October back above $18, improving the outlook for another good month of milk price and another good month of an improved milk-to-feed ratio. For the time being, September milk price may be good, but the announcement of the final price Federal Order prices may be delayed until the budget is approved. The CME group announced that there could be some delay in settling milk futures to the Federal Order price, which could cause some anxiety in some cases. MILC payments will also be delayed as all Farm ...

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