NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jan 7, 2014 10:27 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: Steady to 2 higher
Soybean Futures: Mixed
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 2 to 3 Higher

Milk:

Milk futures are expected to post additional gains following firm cash market support early in the week. The light gains in grain prices are not limiting the optimism through the dairy complex at this point. Traders are looking for additional direction before actively stepping back into the market. There is a move back to more normal ...

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