NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jun 9, 2014 10:09 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 10 to 14 Lower
Soybean Futures: 4 to 6 Lower
Soybean Meal Futures: 43 to $5 Lower
Wheat Futures: 8 to 10 Lower

Milk:

Class III milk futures are called to open steady to moderately higher Monday, although trade through the complex remains extremely light. Traders are looking for additional direction from the butter and cheese complex as traders continue to focus on not only short-term but also long-term demand needs. Milk is moving quickly ...

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