NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jun 11, 2014 10:30 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Higher
Soybean Futures: 3 to 5 Lower
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 3 to 5 Higher

Milk:

Class III milk futures are expected to trade moderately higher through the morning, although early trade will remain sluggish. Trade volume is likely to take into account not only the direction of cash market activity at midday but the direction of grain markets following the USDA supply and demand report, which ...

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