NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Feb 14, 2013 11:00 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 3 Lower
Soybean Futures: 8 to 12 Lower
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: 2 to 3 Lower

Milk:

Class III milk futures are called to open mixed following additional pressure in the grain market Thursday. There is some uncertainty about whether the recent support in the cash markets will be able to be sustained over the next couple of trading sessions, or if this bounce higher could add additional volatile and ...

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