NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Mar 12, 2013 11:07 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 2 to 4 Higher
Soybean Futures: 3 to 5 Lower
Soybean Meal Futures: $1 to $3 Lower
Wheat Futures: Mixed

Milk:

Class III milk futures are called to open steady to 5 cents lower following uncertainty in the cash markets. Light trade activity is expected as milk traders looking for longer term direction in both the butter and cheese markets. Trade volume will likely remain quiet through most of the morning, but a ...

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