NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Aug 26, 2013 10:01 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 20 to 25 higher
Soybean Futures: 40 to 60 higher
Soybean Meal Futures: $15 to $18 Higher
Wheat Futures: 13 to 15 Higher

Milk:

Class III milk futures are higher early Monday based on firm support in the grain markets as well as active support in cash prices late last week. Milk futures will remain lightly traded until midday when additional cash market direction will be seen. Support of outside markets will likely draw additional buyers ...

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