NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Sep 23, 2014 09:59 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: 3 to 5 Lower
Soybean Futures: 3 to 6 Lower
Soybean Meal Futures: Steady to $1 Lower
Wheat Futures: 5 to 6 lower

Milk:

Class III milk futures are expected to tumble lower early Tuesday as traders are starting to take protection following pressure in block cheese prices early in the week and lack of movement in butter prices. Trade volume is likely to remain sluggish through most of the session, which could limit additional market ...

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