NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jan 22, 2014 10:02 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 Higher
Soybean Futures: 1 to 4 Lower
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Class III milk futures are expected to move mostly higher once again Wednesday morning. But any significant activity will likely be pushed off until after cash markets trade. The focus on strong double-digit gains seen Tuesday is creating an aggressively-priced market as traders feel that additional market support can develop if ...

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