NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jul 5, 2013 09:41 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 1 to 5 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 3 to 6 Higher

Milk:

Class III milk futures are expected to remain lightly traded on Friday with most of the needed activity already taken care of earlier in the week. The recent support in the cash markets could help to develop underlying support in the complex as buyer interest is seen for both short- and long-term product ...

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