NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Aug 12, 2013 10:32 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 1 to 3 Lower
Soybean Futures: 10 to 20 Higher
Soybean Meal Futures: $3 to $8 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are called to open in a narrow range Monday. The focus in the overall dairy market continues to be driven by both the moves in the grain market early in the week as well as uncertainty in the cash dairy product markets. Traders are looking for ...

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