NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Oct 17, 2013 10:26 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: Steady to 2 Lower
Soybean Futures: 4 to 6 Higher
Soybean Meal Futures: $2 to $4 Higher
Wheat Futures: 3 to 5 Lower

Milk:

Class III milk prices are called to open mixed in light trade following lack of direction in outside markets. The fact that government agencies and hopefully market data gathering is back following a 16-day break is creating some optimism as well as uncertainty about market direction over the coming days. Milk trade is ...

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