NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Apr 15, 2013 10:56 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: 5 to 10 Lower
Soybean Futures: Mixed
Soybean Meal Futures: $2 to $3 Lower
Wheat Futures: 10 to 20 Lower

Milk:

Class III milk futures are called to open steady to 10 cents higher following the recent support in cash products. Pressure in outside markets could create moderate weakness through the milk market. But most traders appear to be focused intently on cheese and butter market direction, rather than outside market shifts. Milk production ...

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