NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Feb 8, 2013 10:03 AM CST

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 1 to 2 Higher
Soybean Futures: Mixed
Soybean Meal Futures: Mixed
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk futures are called mixed in light early trade. Although there still is a lot of focus on the wide price difference in the block to barrel cheese spread, the main focus of the market Friday morning is likely to be centered on the activity surrounding the USDA crop report which will be released at 11 am ...

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