NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Nov 30, 2012 10:27 AM CST

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 2 to 5 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 5 to 10 Lower

Milk:

Class III milk prices are expected to trade mixed, although very little activity is expected to develop through the morning. Traders are focused on both the development of the cash butter and cheese markets as well as any additional shifts in outside markets. Being the last day of November, traders are also squaring ...

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