NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Aug 2, 2013 10:05 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Lower
Class IV Milk Futures: Steady
Butter Futures: Mixed

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 6 to 8 Higher
Soybean Meal Futures: $3 to $4 Higher
Wheat Futures: 2 to 4 Higher

Milk:

Fundamentals have changed little in the past week. Milk production regained some of the losses resulting from the hot weather, but components are low. The gain in milk production is critical at a time when bottlers will require more milk to fill the school pipelines. There is much anticipation for the milk production report for ...

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