NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jun 13, 2013 11:10 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: 3 to 5 Lower
Soybean Futures: 5 to 20 Lower
Soybean Meal Futures: $2 to $5 Lower
Wheat Futures: 3 to 5 Lower

Milk:

Class III milk futures are expected to hold moderate losses early Thursday following the active pressure in the market on Wednesday. Traders are looking for additional support from the grain complex. But for now, that is becoming hard to find. There is uncertainty if the lower grain price levels will ...

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