NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jun 17, 2013 09:21 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 1 to 5 Lower
Soybean Futures: 6 to 12 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: 3 to 5 lower

Milk:

Class III milk futures are expected to remain lightly traded through the morning hours Monday. Mixed trade in overnight futures is coming from building pressure in the grain complex and overall uncertainty about just how much additional cash market support will develop early in the week. Although additional pressure developed in butter prices ...

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