NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Feb 24, 2014 10:24 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 4 to 5 Lower
Soybean Futures: 10 to 13 Higher
Soybean Meal Futures: $2 to $5 higher
Wheat Futures: 1 to 3 Lower

Milk:

Milk traders appear to be moderately aggressive early in the week with electronic trade holding moderate to strong support during overnight trade. It is likely that little to no activity will develop in pit-traded futures until well into the session as traders look for additional confirmation from outside markets as well ...

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