The crush margin declined, dropping 9% to $1.95 per bushel. Lower soybean costs were more than offset by reduced amounts received in soybean oil and soybean meal sales. The value received from oil and meal sales, per bushel of soybeans crushed, dropped by 55 cents per bushel, while the price of soybeans declined by 35 cents per bushel. This allowed the estimated margin to drop by 20 cents per bushel. At $1.95 the margin…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...