NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Tue Apr 16, 2013 10:59 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: 7 to 10 Higher
Soybean Futures: 8 to 15 Higher
Soybean Meal Futures: $5 to $6 Higher
Wheat Futures: 3 to 6 higher

Milk:

Class III milk futures are gaining light to moderate support early in the week. The gains in the cash markets Monday should draw additional buyers back to the market. But volume is expected to remain sluggish until midday as milk traders will once again focus on additional movement in the exchange traded ...

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