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 1.4% or 3 cents per bushel over the past week. Higher soybean prices and weaker soybean oil values more than offset a slight increase in the value received from soybean meal sales. The value of soybean oil and meal per bushel of beans crushed rose 11 cents per bushel, while the cost of soybeans increased 14 cents. This moved the estimated crush margin from $2.42 per bushel to $2.39.
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