NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Apr 30, 2014 09:45 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 3 to 5 Lower
Soybean Futures: 2 to 8 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 2 to 4 Lower

Milk:

Class III milk futures are call to open moderately higher Wednesday morning, although overall trade volume may remain extremely sluggish. Traders expect to focus on position squaring through the end of the month, as they try to align milk prices with underlying cash markets. Activity or sales on the pit traded ...

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