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 moved lower again this week, making it the 8th consecutive week of lower processing margins and has dropped in 11 of the past 12 weeks. The cost of soybeans moved higher by 13 cents per bushel over the past week while the value received from oil and meal sales, per bushel of soybeans crushed, increased only 7 cents per bushel. The end result had the margin falling by 6 cents per…