NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Mar 8, 2013 10:49 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: 1 to 3 Higher
Soybean Futures: 5 to 10 Higher
Soybean Meal Futures: $1 to $3 Higher
Wheat Futures: Mixed

Milk:

Light trade is expected in the milk complex early in the day. Higher cash prices are being viewed with caution as traders wait for movement in cheese and butter prices. Despite higher prices, the lack of product movement and active sellers has left the milk market flat. Milk futures are called to trade ...

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