NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jun 12, 2013 10:00 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

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

Milk:

Class III milk prices moved lower in overnight trade and this is expected to limit any additional buyer support in the market through the early part of the session. The focus is on the cash market movement at midday and reaction in the grain complex to the USDA report release. Additional focus is being placed on ...

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