NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Aug 14, 2013 09:19 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 2 to 4 Higher
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are called to open steady to moderately higher. The focus through the complex is on the ability to draw additional activity into the cash dairy products. With current milk production levels, and large inventory of processed products available, most buyers are not in any hurry to add to their positions. Moderate to ...

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