NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Oct 2, 2014 10:28 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 3 to 5 Higher
Soybean Meal Futures: Steady to $1 Higher
Wheat Futures: 4 to 6 Lower

Milk:

Class III milk futures are expected to show light to moderate price support early in the trading day, although there will be a lot of focus on later moves in both cheese and butter prices on the cash exchange market. Currently there is ample product available to meet both fluid and manufacturing demand, which ...

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