NEWS
DTN Opening Dairy Comments
Robin Schmahl DTN Contributing Analyst
Mon Feb 4, 2013 10:50 AM CST

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 3 to 5 Higher
Soybean Futures: 15 to 20 Higher
Soybean Meal Futures: $8 to $9 Higher
Wheat Futures: 2 to 5 Higher

Milk:

Class III milk futures are called to open mixed Monday following light trade through most of the morning. The direction of both the cash cheese and butter market on the exchange will likely set the tone of the milk market through the rest of the trading session. Additional gains in the grain markets ...

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