NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Aug 26, 2014 10:38 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 4 to 6 Lower
Soybean Futures: 10 to 25 Lower
Soybean Meal Futures: $5 to $15 Lower
Wheat Futures: 5 to 10 Lower

Milk:

Class III milk futures are expected to trade slightly lower early Tuesday with traders focusing on the recent pressure in butter prices. Although this could indicate that continued pressure may develop across cash markets, and a market pullback is not unexpected, the moves of one trading session are inadequate to determine ...

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