NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Mar 19, 2014 10:46 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 20 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Higher
Soybean Futures: 10 to 15 Higher
Soybean Meal Futures: $3 to $6 Higher
Wheat Futures: 10 to 15 Higher

Milk:

Class III milk futures are posting moderate losses in overnight trade. Initial activity in both pit futures and volume through electronic markets will likely be delayed until midmorning. But traders seem to be increasingly nervous about the possibility of drawing additional pressure into the complex. Traders are looking for additional cheese ...

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