05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Market Activity
Ruminant MBM traded to a low of $175 FOB Texas Panhandle, with trading reported in a range of $175 – 200. Trading in the California market dropped to a high of $300. Porcine trading was lower as well, $210 – 230 FOB Eastern IA/IL and FOB Mo. River. Eastern trading dropped to a high of $280.
MN feathermeal traded up this afternoon, a high of $340. Trading elsewhere was steady to slightly lower.
Figure 1.
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