NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Tue Jul 2, 2013 10:46 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: Steady to 3 Higher
Soybean Futures: Mixed
Soybean Meal Futures: $1 to $3 Higher
Wheat Futures: 5 to 8 Higher

Milk:

Following the strong rally in Class III milk Monday, buyers are shying away Tuesday. Early movement is likely to remain sluggish, but may give back a slight portion of the previous gains. Firmness in the grain complex could limit increased buying in milk through most of the morning. Many traders are either absent for the week or on their ...

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