|Class III Milk:
Protein Markets (Soybean Meal)
Moderate gains redeveloped in the protein markets with soybean meal futures following the soybean complex higher at the end of last week. This allowed cash soybean meal prices to post $4 to $5 per ton gains early Monday with more emphasis on potential long-term support. Prices of canola meal followed the trend very closely as traders try to keep pace with futures market moves. The biggest fear seems to be getting out of ...