NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Aug 15, 2013 09:14 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: 10 to 12 Higher
Soybean Futures: 14 to 18 Higher
Soybean Meal Futures: $5 to $6 Higher
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk prices are expected to bounce higher early Thursday. Trade volume will remain light with traders looking for additional direction from cash markets. But the focus of higher production costs is once again allowing for milk price support to develop. If corn and soybean prices continue to move ...

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