NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Jan 3, 2013 10:48 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: Mixed
Soybean Futures: 5 to 10 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: Mixed

Milk:

Activity through the Class III milk futures market is expected to remain light through much of the morning Thursday. The move higher in cheese prices could add further stability to the market, but the overall tone of the market is relatively stable with nearby contracts expected to meander higher and lower in a narrow to moderate ...

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