NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jun 14, 2013 10:35 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: Steady to 5 Lower
Soybean Meal Futures: Steady to $2 Lower
Wheat Futures: 7 to 10 Lower

Milk:

Class III milk futures are expected to remain slightly lower in light trade. Even with a lack of support in the market, widespread losses are not expected, but it may mean a lack of additional support coming back into the market. Lack of support in grain markets is not helping spark any movement ...

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