Soybean Crush Central Illinois

The estimated crush margin fell 3% or 8 cents per bushel over the past week and has moved lower five out of the past six weeks. Soybean prices dropped 2 cents per bushel but were more than offset by the 1.8% drop in soybean oil values. SBO appears to be consolidating and if unable to hold current levels, could retest recent lows for the year at 29.32 cents per pound. Soybean meal prices were fractionally higher….