NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Apr 26, 2013 03:57 PM CDT
Milk

Futures price strength on the final day of the week was tied more to traders getting out of positions to go through the weekend somewhat neutral. Declining barrel price certainly did not paint a rosy picture of price strength for next week. Fluid milk supply is steady with bottlers and manufacturers getting sufficient quantity for demand. Some manufactures would like to get more milk for cheese production, but are loath to purchase it at class or a premium. It is interesting to note that milk production is running slightly lower than last year while at the same time cheese ...

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