NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Oct 2, 2013 09:40 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 5 to 10 Higher
Soybean Meal Futures: $5 to $7 Higher
Wheat Futures: 4 to 6 Higher

Milk:

Class III milk futures are called to open steady to slightly higher. Trade volume through most of the morning is expected to remain light with traders focusing on the lack of direction in most outside commodity markets. The movement of cash cheese and butter markets will play a significant factor in traders returning ...

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