NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 8, 2014 09:22 AM CDT

Opening Calls:

Class III Milk Futures: 5 to 10 Lower
Class IV Milk Futures: Mixed
Butter Futures: Mixed

Outside Markets:

Corn Futures: 1 to 3 lower
Soybean Futures: Mixed
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 3 to 5 Lower

Milk:

Milk futures have shown a good amount of volatility this week. If contracts would close the day as they are trading, most contracts would have lost ground from the end of last week despite the increase of cheese prices. Traders are very cautious keeping an eye on world prices as well as now the potential for further ...

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