NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Dec 20, 2013 10:00 AM CST

Opening Calls:

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

Outside Markets

Corn Futures: 1 to 3 Higher
Soybean Futures: 4 to 10 Higher
Soybean Meal Futures: $1 to $4 Higher
Wheat Futures: 4 to 6 Higher

Milk:

Milk futures are positioned to post additional gains Friday, following firm support through cash dairy products and lower-than-expected milk production growth. Even though milk production increased 0.3% in the top 23 dairy states in November, it is lower than most traders expected, which is creating some additional market support. There could be ...

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