NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Jun 18, 2013 09:50 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 3 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 2 to 6 higher
Soybean Futures: 5 to 10 Higher
Soybean Meal Futures: $3 to $5 Higher
Wheat Futures: Steady to $2 Lower

Milk:

Class III milk futures are expected to remain lightly traded through the early part of the trading session. Trade volume through the complex may remain extremely sluggish during most of the week with very little additional fundamental direction developing through the complex. The inability to post sales in the butter ...

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