04.25.2024
US heating oil, distillate fuel consumption lower than usual in Q1
In the first quarter of 2024, US prices for distillate fuel oil — which includes diesel fuels for vehicles and for home heating — was lower than the...
The estimated crush margin fell for the third consecutive week, dropping 1.12% or 3 cents to $2.31 per bushel. Rising soybean costs outpaced a combination of lower soybean meal values and higher soybean oil values. Over the past week soybean prices in Central IL, rose 4 cents per bushel while the value received from soybean meal and oil, per bushel of beans crushed, only climbed a penny.
Soybean oil prices…