NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Apr 15, 2014 10:12 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 2 to 4 Lower
Soybean Futures: 10 to 20 Higher
Soybean Meal Futures: $3 to $5 Higher
Wheat Futures: 15 to 20 Higher

Milk:

Strong gains in barrel cheese markets Monday sparked additional and aggressive support in overnight Class III milk futures. The idea that cheese prices may have bottomed and could draw additional interest through the next several weeks is drawing additional buyer activity into nearby milk futures. Traders are looking for additional ...

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