NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jan 21, 2014 09:32 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Lower
Soybean Futures: 15 to 20 Lower
Soybean Meal Futures: $10 to $13 Lower
Wheat Futures: 8 to 10 Lower

Milk:

Class III milk futures are expected to see additional support early Tuesday following the long weekend and firmness in cash prices late last week. The renewed focus on dry weather through the West Coast is once developing more attention on potential milk production decreases in some of these areas. This could tighten supplies ...

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