NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Nov 5, 2013 04:23 PM CST
Milk

Global Dairy Trade auction prices were mixed. Whole milk powder price declined 3.7% to $4,891mt, or $2.22 per pound. Skim milk powder declined 0.5% to $4,559mt, or $2.07 per pound. Anhydrous milk fat increased 6.9% to $5,343mt, or $2.42 per pound. Butter declined 7.0% to $3,529mt, or $1.60 per pound. Cheddar cheese increased 1.2% to $4,380mt, or $1.94 per pound. Buttermilk powder gained 1.8% to $4,524mt, or $2.05 per pound. Milk protein concentrate increased 4.6% to $7,738mt, or $3.51 per pound. The result was a trade weighted average decline of 1.8%. This is the second consecutive event posting a ...

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