Soybean Crush Central Illinois – Declining Soybean Oil Keeps Pressure on the Crush Margin

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…