NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Mar 13, 2013 10:36 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: 5 to 10 Lower
Soybean Futures: 10 to 20 Lower
Soybean Meal Futures: $5 to $10 Lower
Wheat Futures: 3 to 6 Lower

Milk:

Class III milk futures are called to open steady to 5 cents lower in extremely light morning trade. The lack of direction in the cash markets, as well as pressure in grain markets, is expected to severely limit additional support through the complex. Milk traders are focusing on building ...

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