|Class III Milk:
Protein Markets (Soybean Meal)
Despite the soybean complex moving moderately lower early in the week, most feed ingredient markets were unchanged Tuesday. Soybean meal prices posted $5 per ton losses in cash markets while similar losses were seen in the canola meal markets. Cash traders seem to be trying to tread water and keep pace with the shifts seen in the futures markets. There could be some additional market activity seen over the next couple of days ...