NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu May 1, 2014 11:00 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 20 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 6 to 10 Lower
Soybean Futures: 20 to 30 Lower
Soybean Meal Futures: $5 to $10 Lower
Wheat Futures: 15 to 20 Lower

Milk:

Class III milk futures are called to open moderately higher as traders focus on the potential to draw additional support into the front-month contracts, narrowing the gap from where April futures left off. Pressure in cash cheese prices seem to be unable to create significant concern from futures traders as ...

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