NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jul 15, 2014 10:21 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 5 to 10 Lower
Soybean Futures: 7 to 20 Lower
Soybean Meal Futures: $5 to $10 Lower
Wheat Futures: 5 to 8 Lower

Milk:

Class III milk futures are called to trade moderately lower through most of the morning Tuesday. The moderate-to-strong support seen early in the week, sparked by gains in cheese prices, is under pressure during overnight trade as the few traders who have ventured into the market are squaring positions in the ...

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