DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Apr 24, 2014 04:24 PM CDT

Reports from the upper Midwest indicate spring flush is beginning. Milk receipts have shown definite improvement. Cool, wet weather prevails, keeping pasture and hay growth slow as well as planters out of the fields. However, this is having a positive impact on cow comfort, improving milk production. Prices for extra milk are declining with prices ranging from $2 under class to $1.25 over class. Manufacturers are more comfortable purchasing extra milk supply at these lower prices. Milk futures jumped despite lower barrel cheese price with closing prices ranging from 1-50 cents higher. July showed the greatest gain followed by ...

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