NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Mar 4, 2014 10:05 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 5 to 8 Higher
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Follow-through pressure is expected to be seen early Tuesday in nearby Class III milk futures. Traders remain focused on the lack of follow-through buyer support in cash markets as well as uncertainty about demand growth through the rest of the year. Milk is available for most buyers, although there seems to be no sense ...

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