NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Aug 30, 2013 10:49 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: 1 to 3 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $1 to $4 Lower
Wheat Futures: 3 to 5 Lower

Milk:

Class III milk is called steady to 5 cents lower although activity levels are likely to remain sluggish through most of the session. Milk production continues to weaken through the hot weather in much of the Midwest. There is also uncertainty about just how much buyer support will be found in the ...

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