NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Fri Mar 1, 2013 08:16 AM CST

Opening Calls:

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

Outside Market Opening Calls:

Corn Futures: 2 to 4 Lower
Soybean Futures: 10 to 15 Lower
Soybean Meal Futures: $2 to $4 Lower
Wheat Futures: 1 to 3 Lower

Milk:

Class III milk futures are called mixed in light trade. This lack of direction in the market may be coming from the uncertainty of how any financial sequestering activities will affect both the livestock industry and the overall economy over the near and distant future. Traders are looking for stability through the first ...

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