Grain & Feed Ingredients

Grain & Feed Ingredients

 

Soybean Crush Central Illinois

The estimated crush margin fell nine cents per bushel, as in increase in the cost of corn and a decrease in the value received for soybean meal outpaced a 7.35% gain in the value received for soybean oil. Soybean oil has found an updraft in pricing from Indonesia’s decision to nearly triple the subsidy for biodiesel. The Indonesian government approved the subsidy, which will move from 1,500 rupiah (12 cents per liter)…

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