12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
The estimated crush margin declined two percent this week as soybean oil prices fell at a more rapid pace than the price of the soybean itself. Soybean meal values remained relatively constant, potentially limiting a stronger margin reduction. The value received from oil and meal sales per bushel of soybeans crushed declined from $10.60 per bushel to $10.21 while…