NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Jan 28, 2013 10:37 AM CST

Opening Calls:

Class III Milk Futures: Mixed
Class IV Milk Futures: Steady
Butter Futures: Steady

Outside Market Opening Calls:

Corn Futures: 1 to 3 Lower
Soybean Futures: Steady to 5 Higher
Soybean Meal Futures: Mixed
Wheat Futures: 2 to 4 Lower

Milk:

Class III milk futures are called to open mixed in a narrow trading range. Although milk production remains strong, there may be some additional buyer support stepping into the market to fill immediate needs as well as some buyers making additional long term purchases at current price levels. Fluid milk demand remains stable now that school ...

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