NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Apr 22, 2014 09:48 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 3 to 5 Higher
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: Mixed

Milk:

Class III milk futures are called to open moderately lower following lack of support in cheese prices Monday. The announcement of increased milk production for March in the latest monthly Milk Production report has created some softness in nearby and deferred contracts. This could allow for additional softness to develop through the day. But trade volume is expected to remain ...

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