NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Nov 21, 2013 09:54 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: 4 to 6 Higher
Soybean Meal Futures: Steady to $2 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Milk prices are expected to open mixed early Thursday. The pressure in barrel cheese prices is still creating some caution through the livestock market. But activity across the complex should remain sluggish through most of the morning. Traders are focusing on the potential that milk production will continue to expand through the upcoming months ...

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