NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Mar 25, 2014 10:37 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Lower
Soybean Futures: 1 to 4 Higher
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 1 to 3 Lower

Milk:

Class III milk futures are holding moderate losses despite the aggressive support in cheese and butter prices. Traders seem to be trimming the aggressive support from Monday. This could lead to additional market volatility through the upcoming weeks. Milk prices are trading 3 to 15 cents lower in overnight electronic markets, ...

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