NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Sep 20, 2013 09:31 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 3 to 5 Lower
Soybean Futures: 15 to 20 Lower
Soybean Meal Futures: $2 to $5 Lower
Wheat Futures: 5 to 7 Lower

Milk:

Milk futures are under pressure in overnight trade Friday following the increased milk production in August. Monthly milk production increased 2.7% in the top 23 dairy states during the month of August. Trade volume is expected to remain light through the morning, as traders try to asses just how much ...

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