NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Oct 15, 2013 09:52 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: 5 to 6 Lower
Soybean Meal Futures: $1 to $3 Lower
Wheat Futures: 2 to 3 Lower

Milk:

Class III milk futures are called to open mixed in light trade Tuesday. The narrow price range seen Monday will likely keep markets inactive through most of the session with traders focusing on the direction and activity levels in cash markets before actively stepping into the market. Higher corn prices early Tuesday may ...

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