NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Mar 14, 2014 04:23 PM CDT
Milk

Watching futures throughout the week would give one the impression there was little milk supply available to the market. However, reports are that milk production is improving and milk is available to those who want it. The difficulty is that most are unwilling to pay the extra premium required to purchase that milk. Class III futures contracts through September made new contract highs to end the week. Fluid milk supplies are more available in various areas due to spring break, but the amount of milk being diverted will not have any real impact on supply. Demand is easily absorbing ...

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