|Class III Milk:
Protein Markets (Soybean Meal)
Soybean meal and soybean prices continue to move lower both in futures and cash markets at the end of the week. With soybean prices posting another round of double-digit losses Thursday, pressure continued to develop in soybean meal markets. Front-month futures fell $4.20 per ton. This led cash markets to fall $3.50 to $4 per ton lower. Canola meal prices fell $4 to $5 per ton following the pressure in the soybean market. Other ...