NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Mar 4, 2013 10:57 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: 1 to 3 Higher
Soybean Futures: 1 to 5 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 5 to 10 Lower

Milk:

Milk futures are expected to remain under pressure through much of Monday. Traders remain concerned about cheese markets being able to hold on to previous gains, especially when both wholesalers and retailers are starting to focus on spring and summer cheese demand growth. Strong milk production despite higher feed costs will likely keep ...

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