NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jul 11, 2013 08:56 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 3 to 5 Higher
Soybean Futures: 5 to 10 Higher
Soybean Meal Futures: $1 to $3 Higher
Wheat Futures: 5 to 10 Higher

Milk:

Class III milk futures are called mixed in a narrow range early Thursday. Although some spillover support is expected to develop following the rally in cheese markets Wednesday, the focus in the market is being placed on the movement of markets surrounding the USDA crop report. Trade interest may remain sluggish through ...

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