NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Fri Oct 18, 2013 09:21 AM CDT

Opening Calls:

Class III Milk Futures: 5 to 10 Lower
Class IV Milk Futures: Mixed
Butter Futures: Steady to 1 Lower

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: Mixed
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 8 to 12 Higher

Milk:

The industry continues to operate somewhat blindly due to the lack of USDA reports. Government workers have been back for two days, but it does take time to gather information and then get it compiled for release. There is some thought USDA may release grain export sales reports Friday going back the past three weeks. ...

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