NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Oct 11, 2013 10:34 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: 3 to 5 Lower
Soybean Futures: 12 to 16 Lower
Soybean Meal Futures: $1 to $5 Lower
Wheat Futures: 2 to 5 Lower

Milk:

Milk prices are called steady to moderately higher through the session, but traders are likely to remain on the sidelines until after cash markets trade at midday. Lack of additional direction in milk production, overall demand and storage levels is being met with a sense of stability in the market. ...

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