NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Dec 6, 2013 09:21 AM CST

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady to 10 higher
Butter Futures: Mixed

Outside Markets

Corn Futures: 1 to 3 Lower
Soybean Futures: 4 to 8 Lower
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: Mixed

Milk:

Traders are concerned over price strength after Thursday's decline in cheese and the effect on Class III futures. Milk supply is still termed as tight as bottlers and manufacturers via for available supply. The window for processing and moving milk and products to the store shelves for the holiday is mostly closed. Consumers are taking advantage of ...

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