NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Feb 6, 2013 10:39 AM CST

Opening Calls:

Class III Milk Futures: Steady to 10 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 5 to 8 Lower
Soybean Futures: 10 to 15 Lower
Soybean Meal Futures: $3 to $5 Lower
Wheat Futures: 5 to 9 Lower

Milk:

Class III milk futures are called to open steady to 10 cents lower with very little trade expected through the first half of the trading session. Milk production remains strong in most areas of the country as the more temperate winter weather continues to help limit any seasonal production declines. ...

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