NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jul 29, 2013 10:32 AM CDT

Opening Calls:

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

Outside Markets:

Corn Futures: Steady to 3 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 2 Higher

Milk:

Class III milk futures are expected to trade mixed through most of the morning. The narrow up and down movements in the grain markets seem to be leaving some unanswered questions about overall production levels as well as the aggressiveness of buyers over the next several weeks. School systems in some areas are expected to open in the next couple weeks. ...

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