|Class III Milk:
Protein Markets (Soybean Meal)
Protein feed sources are mixed at the end of the week despite a bounce higher in soybean and soybean meal markets on Thursday. Soybean meal futures rallied $3 per ton on Thursday. This helped draw additional buyer support into the cash soybean meal markets to the tune of $1 to $4 per ton. Prices for cash soybean meal in Iowa are ranging from $430 to $442 per ton given the recent support in ...