NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Aug 28, 2014 10:26 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 2 to 3 Higher
Soybean Futures: 5 to 8 Higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 12 to 15 Higher

Milk:

Class III milk futures are called to trade moderately lower early Thursday. The recent pressure starting to develop in the butter complex has not completely set the tone for market direction yet, but it is creating doubts of renewed buyer support over the near future. Perceptions may trump reality when it comes ...

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