NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jul 31, 2013 10:33 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Mixed
Soybean Futures: 2 to 8 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 8 to 10 Higher

Milk:

Class III milk futures are expected to be lightly traded Wednesday following the lack of clear direction of both outside markets and cash dairy product prices. Most traders are expected to remain on the sidelines until after the cash exchange markets close. This could allow for additional movement in the market through the afternoon, but given the back ...

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