NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Dec 26, 2013 11:11 AM CST

Opening Calls:

Class III Milk Futures: Steady to 2 Higher
Class IV Milk Futures: Steady
Butter Futures: Mixed

Outside Markets

Corn Futures: Mixed
Soybean Futures: 1 to 3 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 2 Higher

Milk:

Greater milk volumes are finding their way to manufacturing as store shelves are stocked with milk and schools are closed. It is business as usual for this time of year. The difference is that prices are high and manufacturers want as much milk as they can handle to hopefully catch up on supply. Many plants are running at full capacity, ...

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