NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jul 2, 2014 08:52 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Steady to $1 Lower
Wheat Futures: 1 to 2 Lower

Milk:

Class III milk futures are called steady to moderately lower as the recent pressure in the complex is creating some uncertainty about future market direction. Milk production remains strong in most areas, and with the holiday schedule being implemented through the end of the week and weekend, it is expected that some backlog of milk ...

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