NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Aug 20, 2014 10:07 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 5 to 7 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 7 to 9 Lower

Milk:

Class III milk futures are called steady to moderately lower early Wednesday. Traders will once again focus on the direction of cash cheese and butter price moves as well as trade volume on the exchange. But the lack of activity seen Tuesday, as well as reported strong growth in milk production in July on the Monthly milk production report, could ...

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