NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Aug 27, 2014 10:15 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Lower
Soybean Futures: 2 to 6 lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 5 to 7 Lower

Milk:

Class III milk futures are expected to remain mixed through most of the morning with very little sense of direction developing before cash markets trade near midday. The lack of support in the butter prices early in the week is creating a sense of caution through the complex as the aggressive cash market support ...

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