NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Mar 15, 2013 10:37 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 2 to 5 Lower
Soybean Futures: 3 to 5 Higher
Soybean Meal Futures: $1 to $2 Lower
Wheat Futures: 5 to 10 Lower

Milk:

Class III milk futures are called higher Friday. Cash price stability and trade volume in butter and cheese markets is drawing buyers to the market. Traders may remain cautious through most of the month. There is uncertainty about how current feed prices will affect both short and long term production levels. But ...

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