NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Mar 6, 2014 09:02 AM CST

Opening Calls:

Class III Milk Futures: 5 to 10 Higher
Class IV Milk Futures: Mixed
Butter Futures: Mixed

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 6 to 10 Higher
Soybean Meal Futures: $2 to $3 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Milk futures remain volatile and any movement of underlying cash triggers significant trading activity. Milk supply is reportedly sufficient for demand with plants running at capacity in some cases with some diverting of milk to other plants taking place. Milk in being offered from steady to as much as $1.50 above class, but sellers are finding ...

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