NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Feb 18, 2014 10:24 AM CST

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: 15 to 20 Higher
Soybean Meal Futures: $5 to $8 Higher
Wheat Futures: 5 to 8 Higher

Milk:

Milk prices are expected to open mostly higher with some uncertainty still seen in February futures. But the expectation is that additional production losses will develop following the latest round of winter storms moving through several regions of the country. Traders are looking for additional direction from cash exchange price ...

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