NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Feb 14, 2014 08:53 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 2 Higher
Soybean Futures: 5 to 7 Higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 3 to 5 Higher

Milk:

Class III milk futures are expected to open steady to moderately lower in extremely light trade. The lack of direction in cash cheese markets Thursday is offsetting the support developed in the butter complex. Traders are looking for additional market support through the next several trading sessions. This may spark ...

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