NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Mar 31, 2014 10:19 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 10 to 15 Lower
Soybean Futures: Steady to 3 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 3 to 7 Lower

Milk:

Class III milk prices are expected to post light-to-moderate pressure as traders continue to assess the direction of both cash markets and outside grain market moves. The sharp pressure in corn markets ahead of the USDA crop report Monday morning is limiting buyer support in milk futures. But most traders will remain on the ...

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