NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Dec 22, 2014 10:16 AM CST

Opening Calls:

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

Outside Markets:

Corn Futures: 1 to 3 Higher
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 5 to 7 Higher

Milk:

Milk is called to trade moderately lower early Monday as traders are expected to take Friday's milk production report as a bearish move. Even though overall milk production seems to be contained within previous expectations, the increase in cow numbers and overall strong end of the year support in production could continue to depress prices well into 2015. ...

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