US prospects were helped along because favorable weather during planting and just enough soil moisture got the US corn and soybean crops off to a good start. Rains have been timely throughout the growing season so expectations are for bumper crops. Storage space is expected to be short this fall. This is great news for the dairy producer and livestock feeder not so great news for the corn and soybean growers. Generally throughout the country, warm weather has affected milk production.
Fat tests are down.
Fluid milk demand is moderate. Some ,manufacturing plants are idle in the south and east. Manufacturing plants in the rest of the country are operating, but are on a light schedule. Cream and condensed milk demand are good reflecting the seasonal demand for ice cream.