NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Feb 13, 2013 10:15 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: 1 to 4 Lower
Soybean Futures: 3 to 10 Lower
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: 1 to 3 Higher

Milk:

Class III milk prices have gained additional support following the moderate move higher in the cheese market despite the fact that only two loads of cheese were sold on the exchange Tuesday. But the upward movement in the market could remain very fickle as perception of the market direction seems to be ...

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