NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Dec 31, 2012 10:21 AM CST

Opening Calls:

Class III Milk Futures: Steady to 20 Lower
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 2 to 5 Lower
Soybean Futures: 8 to 15 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: 5 to 10 Lower

Milk:

Class III milk futures are called to open moderately to sharply lower early Monday due to light trade and building pressure in outside markets. Activity is expected to remain sluggish through most of the session although, any additional moves in the cash markets could spark some late day and late ...

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