The crush margin continues to deflate and has dropped in four out of the past five weeks. The estimated margin fell another 18 cents per bushel over the past week, its second consecutive weekly 8% drop. Soybean prices were down, however, the value received for the the crush products, oil and meal, dropped at a faster pace. Soybean meal prices fell 2.6% this week to $318.10 per ton and are nearly 27% lower than they were…
01.15.2025
DOE, USDA release updated GREET, CSA models
On Wednesday January 15, the US Department of Energy (DOE) released the long-awaited update to the Greenhouse Gases, Regulated Emissions and Energy Use in Transportation (GREET) model, now called...
01.15.2025
US animal fats and oils markets climb, tracking gains in vegoils, energy complex
After a relatively slow start to the week, trading in the US animal fats and oils markets gained momentum on Wednesday January 15, driven by developments in the macroeconomic...
01.15.2025
Limited trade keeps most animal protein prices flat; December NOPA crush pressures soybean meal
Limited trade volume was reported to Fastmarkets on Wednesday January 15, with most US animal protein trade prices remaining rangebound for the day, according to market sources.
The...