NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jan 13, 2014 10:21 AM CST

Opening Calls:

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

Outside Markets:

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

Milk:

For now, milk traders are focusing on the stability in both the butter and cheese markets as incentive to draw prices higher early in the week. Trade volume is likely to remain sluggish through most of the morning as traders are still drawing from overnight market support, but are unwilling to ...

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