NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Feb 9, 2016 10:05 AM CST

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 1 to 2 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 2 Lower

Milk:

Milk trade remains light with activity levels sluggish early Tuesday. Traders are splitting their focus on the cash dairy markets which will trade at midday and the USDA supply and demand reports which will focus on not only crop supplies affecting feed and production costs. Milk estimates will also be released, which could create some underlying market shifts later in the ...

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