NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Aug 4, 2014 10:37 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 4 to 5 Higher
Soybean Futures: 15 to 20 Higher
Soybean Meal Futures: $2 to $4 higher
Wheat Futures: 10 to 15 Higher

Milk:

Class III milk futures are expected to bounce higher early in the week following strong double-digit gains seen late last week. The focus on firming cash cheese markets and the potential to maintain prices at $2 per pound seem to be helping drive additional buyer support into the milk market for the ...

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