NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Nov 24, 2014 10:30 AM CST

Opening Calls:

Class III Milk Futures: Steady to 15 lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 3 to 5 Lower
Soybean Futures: 6 to 8 Lower
Soybean Meal Futures: $1 to $3 Lower
Wheat Futures: 3 to 4 Lower

Milk:

Class III milk futures are expected to start the week on a defensive note with early electronic price moves seen from 1 to 15 cents per cwt in nearby contracts. The lack of support through the cheese market at the end of last week, as well as expectations that milk trade will ...

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