NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Feb 27, 2014 10:24 AM CST

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Steady to 2 Lower
Soybean Futures: 10 to 25 higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Early support in milk futures is expected to develop following the pullback in the market seen Wednesday. Traders are looking for additional direction from outside markets as well as potential additional movement in the cash complex. Light trade volume midweek seemed to create a lot of additional volatility in the complex, and this led ...

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