NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jun 25, 2014 09:40 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: 1 to 3 Higher
Soybean Meal Futures: Mixed
Wheat Futures: Mixed

Milk:

Class III milk futures are expected to open mixed. Although some spillover support is expected in the market Wednesday, the current price levels are also making great opportunities to square positions from time to time in the event of a wide market shift through the rest of the summer. Even though milk production remains strong, and forage quality in most ...

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