The estimated crush margin continues to slide lower, as it has dropped 10 out of the past 11 weeks. The cost of beans has moved lower in this time span, collapsing nearly 40% in value since mid February. However, lower bean prices have been more then offset by falling soybean oil and soybean meal values.
The value received from soybean oil and soybean meal sales, per bushel of soybeans crushed, dropped by 51…
04.18.2024
Total RFS blending falls in March, domestic biodiesel blending increases
The Environmental Protection Agency (EPA) reported 1.66 billion gallons of renewable fuel blended within the nation’s transportation fuel pool during March. Blending was six percent below February and...
04.18.2024
EU UCO premium to US continues to grow
The US animal fats and oils market was mostly quiet on Thursday April 18, with a handful of price changes reported. Choice white grease (CWG) into the Missouri River...
04.18.2024
Ruminant meat and bonemeal price pressure in most regions
Price pressure was reported on several regions for meat and bone meal, ruminant and porcine items. Market sources said buyer pushback and light demand, with exception to the pet...