NEWS
DTN Closing Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Sep 12, 2014 03:55 PM CDT
Milk

Milk production is good, keeping bottlers and manufacturers satisfied. Extra milk is being sold at generally higher prices than class. Weather is cooling down, improving cow comfort in most areas of the country. More expansions are taking place and cows being added as dairy producers take advantage of good milk prices and great income over feed costs. Class III futures are anticipating that strong milk production will lower cheese and butter prices as 2015 contracts continued to decline throughout the week. Current prices are trading below $18 with the exception of January which closed the week at $18.13. Futures ...

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