NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Apr 10, 2013 10:05 AM CDT

Opening Calls:

Class III Milk Futures: Steady to 5 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

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

Milk:

Class III milk futures are called to open steady to 5 cents higher in light trade. The double-digit losses seen late Tuesday despite the strength in the cash markets is creating renewed support. Milk traders are starting to step back into the market as they look for additional cash market support to lead the market higher. ...

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