|Class III Milk:
Protein Markets (Soybean Meal)
The soybean complex continues to remain under pressure through most of the week with soybean futures prices closing 5 cents lower Thursday afternoon. Although end of the day support helped draw prices significantly higher than was seen early in the session when strong double-digit losses were seen in soybean prices, the market remains unsteady given the changing forecasts for South America and softness in outside commodity markets. Although Thursday’s futures market pushed soybean meal ...