NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jan 27, 2014 10:30 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: 3 to 5 Higher
Soybean Meal Futures: $4 to $6 Higher
Wheat Futures: 2 to 4 Higher

Milk:

Class III milk futures are expected to open steady to 5 cents per cwt lower following the moderate spillover support seen late last week. There is uncertainty just how much short-term buyer support will develop through the last week of January as traders are split between the short-term and long-term view ...

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