Soybean Crush Central Illinois

Pricing in the soybean complex was relatively stable over the week. Oil prices moved only seven tenths of a percent higher, while meal prices dropped 1.4%. The cost for soybeans was down a penny per bushel in Central Illinois. Given meal’s proportionately higher share of the crush total, 46.43 pounds per bushel vs. oil’s 11.86, the drop in meal prices pressured the crush lower. The value received from oil and meal…