NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Oct 7, 2013 10:30 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

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

Milk:

Early movement in Class III milk markets remains sluggish. Traders are focusing on light pressure in front-month futures, while the expectation of light gains in deferred futures is following early corn market support. Limited trade is expected during the morning, but most traders are likely to be fully focused on the direction of ...

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