NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Feb 7, 2014 09:59 AM CST

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

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

Milk:

Class III milk prices may remain mixed through most of the morning following choppy price patterns in overnight trade. Trade volume is likely to be extremely light until after cash markets trade near midday. The focus on recent pressure in cheese and butter markets is creating some light pressure in front-month February futures, which are starting ...

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