NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jan 10, 2014 10:23 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Lower
Soybean Futures: 10 to 20 Higher
Soybean Meal Futures: $5 to $10 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are expected to fade lower through morning trade. The aggressive price gains early in the week through the cheese markets helped create optimism. But without any new signals in the market, traders are much less certain about the stability of the market. Class III milk prices ...

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