Last week was tough on the milk market. Not only did the Global Dairy Trade auction come in lower for the second consecutive time, but USDA’s milk production report and cold storage report both indicated oversupply. Robin Schmahl, hedge and marketing specialist with AgDairy, says farmers can expect milk prices to be choppy in the near term and then grind
lower throughout the quarter.
Read the full story and hear audio on AgWeb.com: http://www.agweb.com/livestock/dairy/article/warning-choppy-markets-ahea...
