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...
Ruminant MBM trading was reported lower out of the Panhandle market, $230 – 285 FOB Panhandle and $240 – 290 FOB Mo. River. Sources have suggested that the market is seeing a lot of pressure and that today’s weakness at the CME in bean meal further accelerated the buyer’s flight from the higher end of the range.
Porcine trading fell to a range of $300 – 330 FOB Mo. River and Eastern IA/IL. The Carolinas market was reported $340 – 375, steady with last week’s…