NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Mar 5, 2015 09:00 AM CST

Opening Calls:

Class III Milk Futures: 5 to10 Lower
Class IV Milk Futures: Mixed
Butter Futures: Mixed

Outside Markets:

Corn Futures: Steady to 2 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 3 to 5 Lower

Milk:

Milk futures indicate steady prices for the next three months with Class III price between $15.25 and $15.50. Of course, this in not very great compared to last year, but it certainly is much better than it was a while back when futures showed prices in mid-$13.00. This seems like a distant memory, but not one that should ...

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