NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jan 24, 2014 10:17 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 3 to 5 Lower
Soybean Futures: 4 to 8 Lower
Soybean Meal Futures: Steady to $1 Lower
Wheat Futures: 5 to 10 Lower

Milk:

Class III milk futures are expected to open moderately higher as traders once again focus on continued support in the cheese complex. Traders are uncertain just how much emphasis to place on the lower butter market Thursday and if this will continue to have implications in milk prices through the end ...

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