NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Sep 25, 2013 10:02 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 1 to 3 Higher
Soybean Futures: 2 to 6 Lower
Soybean Meal Futures: Steady to $1 Lower
Wheat Futures: 5 to 7 Higher

Milk:

Milk prices are expected to bounce higher Wednesday. Trade interest in corn markets is putting more emphasis on steady to higher milk production prices. At this point, no strong shift in milk production is expected due to culling, but additional shifts in grain markets could change that tone at the ...

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