NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Sep 17, 2013 10:56 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: Mixed
Soybean Futures: 10 to 15 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: Mixed

Milk:

Class III milk futures are expected to work lower as trade develops through mid to late morning. Once again there is no interest in pit-traded futures following the sharp losses Monday. Additional focus is being placed on the direction of cash cheese and butter markets. There could be some late day movement if increased activity is ...

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