NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Apr 24, 2014 09:03 AM CDT

Opening Calls:

Class III Milk Futures: 10 to 15 Higher
Class IV Milk Futures: Steady to 5 Higher
Butter Futures: Mixed

Outside Markets:

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

Milk:

Market fundamentals have not changed much over the recent weeks. Overall milk production continues to improve as spring moves forward. Colleges and universities will finish up for the summer in about three weeks with some schools beginning to finish shortly thereafter. This will slow bottling demand, further allowing for more milk availability to manufacturers. This should ...

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