NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Feb 7, 2013 10:03 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: 5 to 7 Lower
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: MIxed

Milk:

Class III milk futures are called to open steady to 10 cents higher, although trade volume is expected to remain light until well into the trading session. The expectation that additional price support and trade volume will develop in the cheese market through the end of the week is the main focus of early support in the milk market. Milk production ...

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