NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Wed Jan 29, 2014 09:27 AM CST

Opening Calls:

Class III Milk Futures: 5 to 10 Higher
Class IV Milk Futures: Steady to 5 Higher
Butter Futures: Steady to 1 Higher

Outside Markets:

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

Milk:

Milk supply appears to be tight in reference to increasing spot prices. Reports are mixed over milk availability. Some manufacturing plants are running at capacity while others have reduced production by selling some milk in order to minimize a build up of inventory. Milk production across the ...

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