NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Feb 12, 2013 10:36 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: 3 to 5 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 5 to 7 Lower

Milk:

Class III milk futures are called to open steady to 10 cents per cwt lower early Tuesday with little additional news filtering into the market other than lack of support in cash market values. The tone of the market remains steady to weak with heavy production levels and falling grain ...

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