NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Sep 18, 2013 09:46 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Steady to 1 Higher
Soybean Futures: Mixed
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 1 to 2 Higher

Milk:

Moderate losses which developed through the Class III complex Tuesday appear to be calming trader's fears of further sharp losses through midweek. Overnight trade remained narrowly mixed, which is expected to carry into Wednesday morning trade. General lack of direction through the milk complex could keep most traders on the sidelines until after cash markets trade. The significant ...

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