NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jul 8, 2014 10:35 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 5 to 15 Lower
Soybean Meal Futures: $3 to $5 Lower
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are called steady to higher in light trade Tuesday morning. The focus on shifting buyer support in the cash cheese and butter markets is causing some buyers to remain on the sidelines until after cash cheese and butter markets trade near midday. The continued lack of support in outside markets, especially ...

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