NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Dec 2, 2013 10:07 AM CST

Opening Calls:

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

Outside Markets

Corn Futures: 4 to 6 Lower
Soybean Futures: 8 to 12 Lower
Soybean Meal Futures: Mixed
Wheat Futures: 5 to 7 Lower

Milk:

Class III milk prices are expected to gain additional support as traders step back into the market following the holiday break. The beginning of December could draw additional support back into the complex as traders focus on cash values adjusting through the next few weeks and in traders putting more emphasis on outside market direction. ...

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