NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Apr 4, 2013 10:25 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 1 to 4 Lower
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: 4 to 5 Lower

Milk:

Following the moderate gains at midweek in the milk market, Class III milk futures are called to open lower. Traders may step back into the market if cash cheese and butter prices can find additional price support. But the pressure in the grain market early in the session is ...

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