NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Oct 28, 2013 04:30 PM CDT
Milk

November Class III price is almost assured to be the highest for the year. There still are about three weeks of pricing that need to be done before the contract will not be affected anymore by underlying cash movement. But it seems cheese prices may be supported here for a while until buying interest is satisfied. There is some idea this may be the top and price will decline from here, but the duration of this top is anyone's guess. This is only a theory and can change quickly either higher or lower. It is surprising to see how ...

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