NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Apr 4, 2014 09:29 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Mixed
Butter Futures: Steady to 1 Lower

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 4 to 6 Higher
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 6 to 8 Lower

Milk:

Winter-type weather has moved back into the upper Midwest, dumping snow, sleet and rain. This system will not last long with warm weather following. It will only have limited impact on milk production and transportation. The rest of the country is in good position for milk production. Bottling demand is steady to lower, increasing the amount ...

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