NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Thu Feb 28, 2013 10:28 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: 5 to 10 higher
Soybean Futures: 12 to 15 Higher
Soybean Meal Futures: $3 to $5 Higher
Wheat Futures: 7 to 10 Higher

Milk:

Class III milk futures are expected to show light support early Thursday. Trade volume will likely remain quiet through most of the morning. Traders will focus on the direction and activity level of cash markets before stepping into the futures market. Additional direction is being sought from the outside markets. With increased ...

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