NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jan 16, 2014 10:52 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 3 Higher
Soybean Futures: Steady to 3 Higher
Soybean Meal Futures: $1 to $4 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Milk is called to open higher Thursday, although trade volume will likely remain extremely light through most of the morning. The ability to keep cheese and butter prices stable to higher through the end of the week will help draw additional buyer interest back into the complex. Traders are looking for additional support from outside markets, which ...

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