|Class III Milk:
Protein Markets (Soybean Meal)
Additional weakness continues to develop through the protein market with traders focusing on the lack of support in the soybean and soybean meal complex. Traders remain unwilling to commit to actively stepping into the market with traders following the futures markets lower. Soybean meal futures prices fell $5.50 per ton at the end of the session Monday. This led cash prices mostly $6 per ton lower on Tuesday. Although there were a few bids ...