NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Sep 27, 2013 09:06 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: 1 to 3 Lower
Soybean Futures: 5 to 8 higher
Soybean Meal Futures: Steady to $2 higher
Wheat Futures: 1 to 3 Lower

Milk:

Light to moderate price support is expected to develop through livestock futures early Friday. Most traders have closed the book on soon-to-expire September contracts, which puts more focus on the October market. Milk supplies are expected to see some light support over the near future, but seasonal processing demand ...

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