NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Nov 22, 2013 04:30 PM CST
Milk

Class III milk futures really did not close much different than they were at the beginning of the week. Cash cheese prices were also fairly steady, keeping volatility somewhat subdued. The December futures contract has been the one showing the most movement and the most trading activity. Milk production levels are mixed across the country with some areas showing steady increases with increased component levels. Milk supply is tight as many areas of demand are competing for available supply. Class I demand is strong prior to the Thanksgiving holiday as retail outlets stock shelves. More milk will be moving ...

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