NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Nov 5, 2013 10:38 AM CST

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Markets:

Corn Futures: Steady to 1 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Steady to $1 higher
Wheat Futures: 3 to 5 Lower

Milk:

Milk futures are expected to remain lightly traded with little additional direction likely early Tuesday. Cheese markets were quiet early in the week which dampened the tone of the entire complex that was previously focusing on continued buyer support. Although demand is likely to remain strong over the next several weeks, it is uncertain just how ...

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