Friday the "milk production" report will be released. There is no telling what the story will be. But, at the moment Dairy Market News (DMN) reports today, September 15, 2010,the Northeast report states, "Strong Class I demand and continued declining milk production, along the seasonal trend, in the Northeast and Mid Atlantic regions has significantly reduced manufacturing milk supplies."
DMN also reports continuing high cream prices.
In the Central report DMN states, "For those manufacturers that were looking for
additional milk, volumes were not overly abundant. Pricing multiples
remained firm in the $2.75 - 3.00 per cwt over Class delivered."
So, the numbers Friday will be interesting.
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I was arguing with some guy at the Farm Show yesterday about production numbers...finally gave up and made my excuses and walked away.
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