NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jul 17, 2014 10:38 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: 2 to 5 Higher
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 4 to 7 Lower

Milk:

Class III milk futures are called to trade slightly higher early in the session, although very little trade is likely to develop through most of the morning. Traders are closely monitoring the direction and activity levels of cheese exchange markets. This could help to spark additional spillover market support through the end of the week. ...

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