NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Mar 7, 2014 10:35 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Lower
Soybean Futures: 6 to 10 Higher
Soybean Meal Futures: $4 to $5 higher
Wheat Futures: 4 to 8 Higher

Milk:

Strong support in cheese prices over the last two trading sessions is redeveloping buyer interest in both nearby and deferred milk futures. Traders are looking less at short-term product demand and more about the need to sustain additional market growth through the rest of the year. The weather challenges seen ...

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