05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
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….