NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Aug 22, 2013 10:40 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 10 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Steady to $3 Lower
Wheat Futures: 3 to 5 Lower

Milk:

Following moderate-to-sharp losses Wednesday, traders are cautiously focusing on trying to build a little more stability in the complex at the end of the week. With cheese prices unable to find any support, buyers are concerned that the current milk market range may be too high. But end-of-the-year demand and support in grain markets will likely ...

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