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Vegetable Oils Bulletin

Bob Lane | 03.18.2016 | Jacobsen

Soybean Crush Central Illinois

Margins held steady over the past week but the value received from meal and oil sales did not. Meal prices declined $6.40 per ton in Central IL, slipping to $272 per ton as of March 17^th. Oil prices jumped in the opposite direction, shooting 6% higher to 31.78 cents per pound. The value received from oil and meal sales, per bushel of soybeans crushed, moved 6 cents higher to $9.99, while the cost for soybeans…

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