NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jul 22, 2014 09:11 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: 4 to 8 Higher
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 4 to 5 Higher

Milk:

Class III milk futures are expected to trade in a narrowly mixed range through most of the morning with traders trying to focus on the potential direction and activity levels in the cash markets. The recent record breaking streak in the butter complex will have many traders closely watching to see if additional buyer ...

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