NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Mar 28, 2013 11:20 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 15 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

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

Milk:

Class III milk futures are under pressure Thursday. With markets closed Friday due to Good Friday, traders are ending both the month of March and the first quarter during the session. Early trade is expected to remain sluggish following the pressure in cash markets. This could limit additional movement, but hold early trade ...

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