NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Mar 14, 2013 10:57 AM CDT

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: Mixed
Soybean Futures: 8 to 10 Lower
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: 5 to 9 Higher

Milk:

Class III milk futures are called to open mixed in light trade. Little trade volume or market direction is expected through the morning. The movement of cash markets could spark some midday trade activity, although buyers are focused on longer term market trends and milk production potential. The current higher milk production is likely to be ...

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