NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Aug 21, 2013 10:46 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 3 to 5 Higher
Soybean Futures: 15 to 20 Higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Milk futures are mixed in a narrow range Wednesday. The lack of buyer support in the cash market will continue to keep milk prices under pressure as traders look for buyers to resurface. Traders are looking for additional support from the grain markets. Strong movement in the soybean market and firm corn price ...

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