NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Aug 11, 2014 10:47 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 3 Lower

Milk:

Class III milk futures are expected to trade higher Monday morning, although volume is expected to remain light until midday when cash trade develops on the exchange market. Traders are looking for increased demand as the year progresses, although the current price levels of most products may limit short-term buying and inventory building beyond already contracted needs. ...

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