|Class III Milk:
Protein Markets (Soybean Meal)
Moderate to strong support in the soybean market continued to develop through the trading session Monday. This posted double-digit gains in soybean price levels, and caused soybean meal futures prices to rally $6.10 per ton at the close of trade Monday. Cash prices early Tuesday were reported from $3.50 to $8.50 per ton higher following not only additional support from the higher futures market and expected additional market support, but also from additional buying ...