NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Sep 22, 2014 10:07 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 2 to 4 Lower
Soybean Futures: 15 to 20 Lower
Soybean Meal Futures: $5 to $6 Lower
Wheat Futures: 13 to 17 Lower

Milk:

Early support is starting to slowly develop in Class III milk markets following end of the week pressure seen in most nearby contracts Friday. But it is uncertain just how deep early buyer support will be and if this will be enough to offset moderate to strong pressure in outside markets. Traders ...

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