NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jun 12, 2014 10:36 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Steady to 2 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are expected to trade mixed through most of the morning although little volume is likely until midday when cash markets trade. The aggressive gains seen Wednesday in nearby contracts seem to have little firm support under them other than traders trying to position contracts midweek. This will likely add to ...

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