NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Dec 3, 2012 01:25 PM CST

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 6 to 8 Higher
Soybean Futures: 12 to 15 Higher
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 4 to 6 Higher

Milk:

Milk supply continues to remain sufficient for demand. Weather has been mild with overall production slowly increasing. Components are improving, requiring less milk to maintain cheese production. Bottlers have been active and fluid demand has been good. Some bottlers are already searching for outlets for milk over the Christmas and New Year’s holiday period as ...

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