NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri May 3, 2013 03:45 PM CDT
Milk

It is a hard pill to swallow realizing the June Class III contract reached $19.66 earlier this week only to close at $18.91 at the end of the week. It is harder yet to understand why this happened due to cheese prices closing higher than last week. The logical explanation is the desire of the trade to take the excess price premium out of the market. Closing cheese and butter prices at the end of the week calculate to a Class III price of $18.49 and a Class IV price of $18.62. Of course daily price fluctuations will take ...

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 - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • 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 Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments
DTN Opening Dairy Comments
DTN Midday Dairy Comments