NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Oct 14, 2013 10:46 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 5 to 10 Higher
Soybean Meal Futures: $2 to $5 Higher
Wheat Futures: 2 to 5 Lower

Milk:

Class III milk futures are called mixed early Monday. Lack of support in the milk complex is not unusual early in the week, but early activity could be limited if cash prices remain uncertain. Traders are also focusing on outside markets and especially the direction of grain prices. If further market pressure is seen in both ...

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