NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Feb 4, 2014 04:48 PM CST
Milk

Global Dairy Trade action prices were mixed with the trade weighted average increasing 0.5%. Whole milk powder increased 1.4% to $5,005mt, or $2.27 per pound. Anhydrous milk fat declined 1.2% to $5.569mt, or $2.53 per pound. Skim milk powder was unchanged at $4,746mt, or $2.15 per pound. Butter increased 2.6% to $4,745mt, or $2.15 per pound. Cheddar cheese price declined 4.3% to $4,935mt, or $2.24 per pound. Buttermilk powder declined 1.2% to $4,775mt, or $2.17 per pound, with milk protein concentrate down 3.3% to $9,334mt, or $4.23 per pound. It is unclear how this will affect domestic cheese prices ...

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