Grain & Feed Ingredients

Grain & Feed Ingredients

 

Soybean Crush Central Illinois

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…

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03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

03.01.2024

Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

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