NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jun 19, 2013 10:27 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: Steady to 6 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 2 to 5 Higher

Milk:

Class III milk futures prices are expected to remain in a narrowly mixed range through much of the morning. Uncertainty about the cash market is likely to keep most milk buyers on the sidelines. Milk production remains stable in most areas, although heat stress is starting to be seen in some places. There could be additional support through the milk ...

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