NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jun 21, 2013 09:04 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: 3 to 5 Lower
Soybean Futures: 1 to 10 Lower
Soybean Meal Futures: $1 to $3 Lower
Wheat Futures: 3 to 5 Lower

Milk:

Class III milk futures are called to open steady to moderately lower with light pressure developing in the complex following sharp outside market pressure Thursday. The potential for additional market losses in the grain complex may allow for additional milk production to be sustained through the summer and fall. This ...

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