NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Nov 18, 2013 04:14 PM CST
Milk

There is a correction to my earlier commentary. The October "Milk Production" report was not released Monday, but will be released Tuesday. I apologize for any inconvenience this may have caused. My estimates still stand with my anticipation of an increase of 1.1% over last year along with an increase of 3,000 head of cows. Farmers have actively been adding cows on many operations as feed supply is plentiful as well feed prices declining. Corn futures fell to a new low with the December contract falling within striking distance of $4. Milk production is rebounding slowly so may be ...

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