NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Aug 28, 2013 10:13 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: 1 to 5 Lower
Soybean Futures: 1 to 6 higher
Soybean Meal Futures: $1 to $3 Higher
Wheat Futures: 1 to 3 Lower

Milk:

Milk prices are expected to continue higher Wednesday following support in butter trade Tuesday, although there very little activity is expected early Wednesday. Traders are focusing on the up-and-down volatility in the grain markets over the last couple of sessions. Until longer-term shifts are seen in feed prices, the impact on overall production will be ...

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