NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Mar 4, 2014 03:39 PM CST
Milk

Most milk futures contracts followed through from Monday as traders followed the underlying barrel price lower. Current futures contracts show a significant discount to cash in anticipation of lower cash prices as the year progresses. Global Dairy Trade auction prices were mixed. Whole milk powder price declined 5.7% to $4,705mt, or $2.13 per pound. Skim milk powder declined 3.9% to $4,658mt, or $2.11 per pound. Anhydrous milk fat declined 3.5% to $5,126mt to $2.33 per pound. Butter price increased 3.9% to $4,746mt to $2.15 per pound. Cheddar cheese price increased 0.7% to $4,837mt, or $2.19 per pound. Buttermilk Powder ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments