|Class III Milk:
Protein Markets (Soybean Meal)
Moderate losses developed in soybean meal futures Tuesday with $3.10 per ton losses and drawing additional pressure into the market early in the month of May. Cash prices in the soybean meal market fell $2 to $3 per ton with canola meal markets following suit also with $3 per ton losses. The concern of weakness in demand following bird flu through China has created pressure in the soybean meal market. Other feed markets are ...