NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jun 20, 2014 09:11 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 lower
Soybean Futures: 8 to 12 Lower
Soybean Meal Futures: $1 to $3 Lower
Wheat Futures: 2 to 5 Lower

Milk:

Class III milk futures are expected to trade mixed in a narrow range following light activity through most of the overnight electronic market. The focus on continued direction in cheese and butter prices as well as activity levels on the cash market exchange should help direct additional trade activity through the day. Milk production ...

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