NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Oct 22, 2014 04:24 PM CDT
Milk

Milk production is steady across the country. Bottling demand is good with manufacturers interested in purchasing available milk when it is offered. Retail orders are steady. Manufacturers are experiencing good orders with supply having a difficult time keeping up. Increasing milk production is limiting the drawdown of cheese and butter inventory, but nevertheless continues to decline as fresh supply is supplemented with inventory to meet demand. Florida continues to pull in a large amount of milk to meet demand. There were 160 loads brought in this week, the same as last week and compared to 178 loads last year. ...

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