NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Apr 15, 2014 04:37 PM CDT
Milk

There seems to be good support to milk prices. Both international and domestic demand has been strong. This may show a declining trend once the March export numbers are released, but certainly will not cause price to decline to any large extent. Even though exports could slow, it is likely they will remain above last year. Declining world prices as reflected by the last five consecutive Global Dairy Trade actions is a greater issue and one that will put some pressure on our prices. The trade weighted average declined 2.6% on the auction Tuesday. Anhydrous milk fat showed to ...

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