NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Jun 27, 2013 09:59 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady to 2 Lower

Outside Market Opening Calls:

Corn Futures: 2 to 4 Lower
Soybean Futures: 4 to 6 Higher
Soybean Meal Futures: 2 to 3 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Traders will be focused on spot trading Thursday for market direction. Limited trading activity may take place prior to that period of time with most of it confined to scalping. Milk futures continue to erode following cash prices lower. There is hope a bottom will some be achieved, which will bring in ...

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