NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Dec 5, 2012 09:53 AM CST

Opening Calls:

Class III Milk Futures: Steady to 20 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 5 to 8 Higher
Soybean Meal Futures: $1 to $3 Higher
Wheat Futures: 1 to 4 Higher

Milk:

Class III milk prices are expected to open steady to lower, although the current price range and the activity level in the market is still undetermined. Like usual, there may not be any significant activity in the market until midday when additional direction is seen from the cash cheese and butter markets. The ...

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