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 once again, making this the fifth consecutive down week with lower margins. Margins have moved lower in 8 out of the past nine weeks and at $2.44 per bushel are well off the September 2014 high of $6.11.
This week the margin dropped 4.5% on higher soybean costs and slightly lower values received for soybean meal. Soybean oil prices moved higher, gaining 2.2% for the week and were…