NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Dec 28, 2012 10:12 AM CST

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

Milk:

Class III milk futures are called to open steady to 5 cents higher early Friday, but most trade is going to remain on the sidelines until after the cash exchange markets trade. Additional support in the cheese market could confirm additional longer term market support is developing and could draw additional buyers into the milk ...

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