NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed May 22, 2013 10:46 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 7 to 10 Higher
Soybean Futures: 3 to 6 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 8 to 10 Higher

Milk:

Class III milk futures are called to open lower following pressure in the cash cheese markets. There is little to no incentive for milk traders to become aggressive at this point. Milk production is stabilizing as the spring flush seems to be over. But with fluid demand slowing due to schools closing for ...

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