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 4.7% or 11 cents per bushel over the past week. Soybean prices moved lower, which by itself would improve margins, however, the value received for the crush outputs decreased faster than the value of the soybeans. Soybean prices fell by 40 cents per bushel, or 3.9%, while the value received from soybean oil and meal sales per bushel of beans crushed dropped by 51 cents.
Soybe…