NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Oct 8, 2013 04:20 PM CDT
Milk

Milk futures through May were able to remain higher as they traded much of the day. Trading volume was moderate to light with trades taking place in all contracts through the end of 2014. Traders are at a loss of what to do other than make some short-term trades in the attempt to make some profit. CMEgroup trading volume has decreased in many contracts that rely on government reports for market direction. They are settling the October lean hog contract to the two-day average prices from both open outcry and electronic markets in order to be able to settle ...

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