NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Nov 26, 2013 10:16 AM CST

Opening Calls:

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

Outside Markets

Corn Futures: 2 to 4 Lower
Soybean Futures: 5 to 10 lower
Soybean Meal Futures: Steady to $2 Lower
Wheat Futures: 1 to 4 Lower

Milk:

Class III milk futures are expected to draw light support Tuesday, although trade volume is expected to be muted during most of the morning. Traders are once again focusing on the direction of cash cheese and butter market in the exchange-traded market which will trade near midday. Milk production is expected to ...

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