NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Wed Jan 2, 2013 10:59 AM CST

Opening Calls:

Class III Milk Futures: Steady to 10 Higher
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 3 to 6 Higher
Soybean Futures: 15 to 25 Higher
Soybean Meal Futures: $1 to $4 Higher
Wheat Futures: 5 to 10 Higher

Milk:

Class III milk futures are called steady to 10 cents higher in light early trade. The support in outside markets is likely going to draw buyers back into the market. Little has changed in cash markets, which will likely limit any additional strong fundamental support from developing through the first part of ...

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