NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jun 20, 2013 09:59 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: 5 to 10 Lower
Soybean Futures: 10 to 20 Lower
Soybean Meal Futures: $2 to $5 Lower
Wheat Futures: 8 to 10 Lower

Milk:

Class III milk futures are being affected by outside markets early Thursday morning. This is adding additional pressure into the milk and dairy complex and could further erode market prices. Early trade in the milk futures market is expected to remain sluggish, but the focus will once again move back ...

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