The estimated crush margin improved as revenue streams from soybean oil and meal sales held somewhat steady while soybean cost declined. Revenue from soybean meal sales increased 10 cents per ton higher while soybean oil prices shifted fractionally lower. The value received from oil and meal sales per bushel of soybeans crushed declined from $9.69 per bushel to $9.68 while soybean cost dropped 12 cents to $8.51 per bushel. This allowed the margin to narrow nine percent, or 11 cents to $1.18 per bushel. The crush margin is 39 percent below levels seen at this time last year.
The National Oilseed Processors Association (NOPA) reported the April US soybean crush fell 5.3 percent below the all-time record crush in March. The April crush did exceed expectations, surpassing analysts’ estimates for the fifth consecutive month, and showing the…
02.21.2025
US animal fats and oils markets finish week strong; broader uncertainty persists
The US animal fats and oils markets ended Friday February 21 on a relatively quiet note, though broader market developments throughout the week have added ongoing uncertainty to the...
02.21.2025
Sausage casings bulletin, February 21, 2025
Runner market commentary
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02.21.2025
US weekly net soybean meal exports, sales retreat again
In the week to February 13, US net soybean meal and soybean cake sales and exports continued to decline but were above most analysts' estimates, data released by the...