NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jul 21, 2014 10:39 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 15 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 5 to 8 Lower
Soybean Futures: 10 to 15 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: 4 to 6 Lower

Milk:

Class III milk futures are called to move lower following June's milk production report showing a significant increase in both cow numbers and milk production through the month of June. The focus on further pressure in grain markets will likely create additional follow through pressure through the complex Monday. But trade ...

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