|Class III Milk:
Protein Markets (Soybean Meal)
The continued pressure in the soybean complex has the market on the defensive. Traders pushed soybean prices nearly double digits lower once again on Friday, which left markets early Monday struggling to find support. This pushed soybean meal prices lower as traders are not now only focused on the current cost of product production, but the near-term market support if soybean meal prices continue to tumble. Cash soybean meal prices fell between $6 and ...