NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Mar 5, 2013 11:10 AM CST

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 5 to 10 Higher
Soybean Futures: 8 to 10 Higher
Soybean Meal Futures: $3 to $5 Higher
Wheat Futures: 2 to 4 Higher

Milk:

Milk is called to open higher, although trade is expected to remain light. Traders are focused on the overall supply of milk for upcoming weeks, but could soon turn towards demand support for the summer months. The bounce higher in the stock market has traders looking towards growth in the ...

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