NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Nov 20, 2013 10:44 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: Steady to 1 lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 2 to 4 Lower

Milk:

Class III milk prices are expected to draw additional support early Wednesday. This could help firm buying interest, although trading ranges will likely remain unchanged and limited through the end of the week. Uncertainty about how consumer demand will change through the holiday season seems to be a big part of the stability in milk prices midweek.

Cheese:

No sales ...

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