Look for corn to open 5 to 7 cents per bushel lower while soybeans are called to open 12 to 18 cents per bushel lower.
3/9 Class III Futures: Volume: 2,485 Open Interest (OI) Change: -23 Total OI: 36,800
3/9 Class III Options: Est. Put Volume: 353 Total OI: 37,925 Est. Call Volume: 266 Total OI: 27,782
3/9 Spot Markets: Block Cheese $2.0125 (UNCH, 1 Trade); Barrel Cheese $1.9800 (UNCH, 0 Trades)
Butter $2.1200 (UNCH, 4 Trades); NFDM: A $1.8150 (UNCH, 0 Trade), X $1.8025 (UNCH, 0 Trade)
3/9 Other Dairy Futures Volume: Butter: 52 Dry Whey: 56 NFDM: 21 Class IV: 91 Cheese: 19 International SMP: 0
3/9 Individual Class III Futures Prices, Change, Volume & Open Interest
Mar 11 $19.63 UP 9 Vol: 499 OI Change: UP 127
Apr 11 $18.25 UP 29 Vol: 822 OI Change: DOWN 270
May 11 $17.23 UP 15 Vol: 434 OI Change: DOWN 83
June 11 $16.90 UP 15 Vol: 148 OI Change: DOWN 6
March-June 2011 Avg: $18.00 UP 0.017/cwt
July-Dec 2011 Avg: $16.90 DOWN 0.01/cwt
March-Dec 2011 Avg: $17.34 UP 0.08/cwt
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