NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Jan 11, 2013 11:20 AM CST

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 5 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $1 to $4 Lower
Wheat Futures: 1 to 5 Higher

Milk:

Class III milk is called to open steady to 10 cents higher, but active trade, or any pit trade for that matter, may not develop until midday when cash markets trade and after the crop production report is released. Most other markets are playing second fiddle to the crop production report ...

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