NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Thu Sep 12, 2013 10:08 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady to 1 Higher

Outside Market Opening Calls:

Corn Futures: 1 to 3 Lower
Soybean Futures: 5 to 8 Lower
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: 1 to 3 Lower

Milk:

Milk supply is tighter due to the hot weather causing some concern over enough supply to meet demand. School pipelines are still being filled and should settle down to routine soon. Other products are also pulling for milk supply resulting in some scrambling for milk supply.

Cheese:

Prices are moving higher as ...

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