NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jan 14, 2014 10:27 AM CST

Opening Calls:

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

Outside Markets:

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

Milk:

Class III milk futures are expected to trade lower early in the session following the lack of support in the electronic markets overnight. Traders remain cautious given the lack of activity in the cheese market early in the week. The renewed pressure in grain markets will likely draw additional pressure into ...

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