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 prices continue to trade under pressure. California action was done as low as $175 late on Friday, PNW trading hit a low of $175 today. Trading into the AL/GA market was as low as $300 delivered. Porcine trading was done in a range of $240 – 260 with some light volume as high as $265 out of the Mo. River market.
Heavy hog kills look to continue to add to the woes of MBM sellers with kills picking back up next week and continuing to increase…