NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Mar 17, 2014 08:43 AM CDT

Opening Calls:

Class III Milk Futures: 10 to 30 Higher
Class IV Milk Futures: Steady to 10 Higher
Butter Futures: Mixed

Outside Markets:

Corn Futures: 4 to 6 Lower
Soybean Futures: 5 to 8 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 6 to 8 Lower

Milk:

Milk supply is growing, but so is demand. Price premiums are still prevalent for extra milk as some plants continue to purchase extra supply to make cheese for orders. Manufacturers are more confident of increasing production and building plant supply. Milk receipts are increasing as spring flush is happening in ...

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