NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Mar 26, 2014 10:15 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 20 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Steady to 2 Lower
Soybean Futures: 2 to 4 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 5 to 7 Lower

Milk:

Milk futures are called lower following moderate uncertainty in the dairy complex over the last couple of trading sessions. The pullback in barrel cheese prices on Tuesday is a far cry from turning the market bearish, but it did send a warning across the dairy market that unrestrained buying interest seen over the last ...

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