NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Dec 23, 2013 09:18 AM CST

Opening Calls:

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

Outside Markets

Corn Futures: Mixed
Soybean Futures: 1 to 3 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 3 Lower

Milk:

Milk futures continue to trade to higher prices. Strength in cheese is unusual for this time of year, but is good to see. Market sentiment is more bullish with some thoughts turning toward stronger prices as demand does not seem to be declining. It is apparent buying is mainly due to immediate needs and orders need to ...

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