NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Feb 10, 2014 10:09 AM CST

Opening Calls:

Class III Milk Futures: Steady to 15 cents Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Steady to 2 lower
Soybean Futures: 4 to 6 higher
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 2 Higher

Milk:

Class III milk futures are expected to remain lightly traded Monday. But the aggressive pressure seen late last week is likely to keep markets under pressure. Traders were the most impacted by the aggressive losses in cheese markets. This created some short- and long-term concerns about just how sustainable the current trading ...

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