NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Sep 3, 2015 10:08 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 4 to 6 Higher
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 4 to 8 Lower

Milk:

Milk futures are under pressure Thursday morning as additional softness is seen following sharp losses in block cheese prices Wednesday. The fact that additional market pressure may continue to develop is not as much of a concern as the inability to hold prices and move markets aggressively above $1.70 per pound. This could be ...

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