NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jul 10, 2013 10:20 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 2 to 5 Higher
Soybean Futures: 1 to 8 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 4 Lower

Milk:

Light activity is expected to develop in the Class III milk market Wednesday. Traders are focused on firmness in the grain markets and how this could limit both short- and long-term production levels of milk, but most regions have good clearance, which is likely to keep prices in the current trading range over ...

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