NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Oct 31, 2014 10:16 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Lower
Soybean Futures: 2 to 4 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 8 to 12 Lower

Milk:

End-of-the-week and month pressure is developing through Class III milk futures early Friday morning as traders try to adjust to moderate pressure in outside markets and uncertainty about the ability to draw buyers back into cash markets before the weekend break. Milk production is expected to be able to meet all expected demand. This could ...

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