NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jul 16, 2014 10:11 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 5 to 7 Higher
Soybean Futures: 10 to 15 higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 3 to 5 Higher

Milk:

Class III milk futures are called to open moderately higher following firmness in overnight trade, and recent support in the cash markets. Early trade is likely to remain at a near standstill as usual, with traders looking for additional interest concerning the direction and activity levels of cheese and butter markets when ...

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