NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Jan 3, 2014 04:27 PM CST
Milk

Milk production in the northern tier of states has been mostly steady for this time of year due to cold weather while Southern states are seeing steady improvement. Greater milk supply was available to manufacturers the past two weeks, but this is slowing as bottling demand increases. Discounted milk is still available, but not with the discounts seen during the holidays. Class III futures jumped substantially with new highs made in the first half of the year contracts. This certainly improves the outlook for prices in 2014. How long they can hold is yet to be seen. Demand will ...

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