NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Feb 15, 2013 09:59 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: 5 to 7 Higher
Soybean Futures: 5 to 8 Higher
Soybean Meal Futures: $1 to $2 Higher
Wheat Futures: 8 to 10 Higher

Milk:

Although cash cheese and butter prices advanced late in the week, milk futures are fading fast due to lack of buyer interest. Traders are still focusing on the lack of aggressive demand support over the near future in most processed products, as well as strong milk production and overall ...

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