|Class III Milk:
Protein Markets (Soybean Meal)
The pressure in the grain complex continued through the session Monday. This left soybean futures prices double digits lower, while front-month soybean meal prices fell $6.10 per ton. The pressure was increasingly evident in the cash soybean meal markets which posted losses of $5 to $10 per ton. Canola meal prices were mixed to mostly lower with prices $15 per ton lower to $3 per ton higher. The focus on lower price levels comes ...