NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue May 5, 2015 10:18 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: 2 to 4 Lower
Soybean Futures: 2 to 4 Higher
Soybean Meal Futures: $1 Lower
Wheat Futures: 4 to 6 Lower

Milk:

Class III milk futures is expected to draw light follow-through buyer support back into the market. Traders are looking for increased market activity through the rest of the week, although market activity is not expected to be overly consistent. Even though milk production remains strong, the focus on slowing fluid milk demand as school systems ...

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