NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Dec 9, 2013 04:01 PM CST
Milk

Milk futures spent much of the day in positive territory and finished there as well. This is a bit surprising given the significant decline of barrel cheese price. However, this is the result of traders attempting to eliminate some of the discount and converge futures price closer to cash. Milk continues to move in many directions with manufacturers and bottlers pushing production to fill last-minute holiday demand. We all know demand will not cease after the holidays, but it generally slows allowing more milk to be available for manufacturing cheese and butter. Milk production continues to slowly improve at ...

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