|Class III Milk:
Protein Markets (Soybean Meal)
The late day support in the soybean futures market Thursday did not create significant follow-through support in either the soybean meal futures or cash markets. Prices in early trade Friday were generally $2 per ton lower in cash soybean meal markets with prices in Iowa hovering around $15 per ton. Light to moderate losses developed in several other ingredient markets with canola meal prices falling $2 to $3 per ton, while both whole cottonseed ...