NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Aug 16, 2013 10:35 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 5 to 7 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 3 Higher

Milk:

Milk futures prices are having a hard time finding additional support early Friday. The inability to move cash prices higher or lower, or even develop trades on the exchange, is causing caution through the milk complex. Corn prices worked lower following lack of follow-through buyer support. Trade is expected to remain sluggish through most of the morning with ...

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