NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Mar 18, 2014 10:33 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Higher
Soybean Futures: 12 to 20 Higher
Soybean Meal Futures: $3 to $6 Higher
Wheat Futures: 10 to 13 Higher

Milk:

Class III milk futures are expected to trade mixed through the morning Tuesday. Despite strong support in cash markets, traders are starting to take protection given the aggressive support recently seen in the milk markets. Milk production continues to remain strong, and is likely to increase through the spring flush. But the focus ...

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