NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Dec 6, 2013 04:10 PM CST
Milk

Overall fundamentals have not changed this week, but tightness of milk supply has been exaggerated by fill-in demand for cheese. The window is virtually closed to move cheese through the channels in time to get on store shelves. Milk production is steadily increasing, but at a slower increase than usual and slower than many had hoped. In the Midwest, premiums for available milk have declined slightly with premiums ranging from $1.25 to $2.50 over class. This premium will likely go away over the next month. Weather is good for milk production with feed quality good and plentiful. Bottling demand ...

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