DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jan 15, 2014 03:52 PM CST

Bottling demand is virtually back to normal again, which decreased the amount of milk available for manufacturing. Despite less volume of milk available to manufacturers, cheese plants are running on full schedules as they had been prior to the holidays. Milk production is virtually steady in much of the country. Increases are being seen in some areas while others are steady or still recovering from the bout of extremely cold weather. Volatility settled down in Class III milk futures confining gains or losses to single digits except for January. It gained 11 cents as it converges with cash.

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