NEWS
DTN Opening Dairy Comments
Rick Kment DTN Analyst
Mon Apr 29, 2013 10:24 AM CDT

Opening Calls:

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

Outside Market Opening Calls:

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

Milk:

Class III milk futures are expected to open moderately lower early Monday. The sharp gains in the corn markets are not yet creating concern of reduced milk supplies, but could have longer-term market impacts. Traders are once again focused on the direction of the cash markets, but Monday, and through ...

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