NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Dec 17, 2013 10:23 AM CST

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets

Corn Futures: 3 to 5 higher
Soybean Futures: 2 to 4 Higher
Soybean Meal Futures: $1 to $2 higher
Wheat Futures: 2 to 4 Higher

Milk:

Support is expected to develop Tuesday morning through the complex as traders are looking for some additional direction from both outside markets as well as cash dairy product moves. The lack of support in butter prices is having a very limited impact on milk prices at the moment due to more focus ...

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