NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Aug 5, 2013 10:18 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 5 to 8 Lower
Soybean Futures: 3 to 10 Lower
Soybean Meal Futures: $5 to $7 Lower
Wheat Futures: 10 to 13 Lower

Milk:

Early trade in the milk market is expected to remain mixed in a narrow trading range. Lack of activity late last week in the cash markets is not giving widespread confidence that active buyer support will develop in early August. Cash prices bounced higher and focus on increased long-term demand for processed products ...

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