NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jan 28, 2014 03:43 PM CST
Milk

Milk supply continues to move around to satisfy manufacturing and bottling demand. Some manufacturing plants are running at capacity while others have reduced production and are selling extra milk in order to keep production in line with demand. Cold weather continues to hamper full milk production keeping a seasonal increased subdued. One has to wonder to what extent milk production will improve when weather returns to normal. After Class III milk futures declined last week, they are now rebounding as cheese prices move higher and contracts need to catch up to the underlying cash. The calendar will soon flip ...

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