NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jul 26, 2013 09:33 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 3 to 8 Lower
Soybean Meal Futures: $1 to $4 Lower
Wheat Futures: 4 to 5 Higher

Milk:

Class III milk futures are expected mixed Friday morning. The moves through the outside and grain markets have kept the overall dairy market volatile over the last several days. The narrow trading range seen in overnight trade and mixed direction of prices is more a lack of trade interest in the market and uncertainty than a sign ...

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