Margin unchanged heading into Memorial Day Weekend

Margin unchanged heading into Memorial Day Weekend

**Please note**The Jacobsen offices will be closed on Monday, May 25th in observance of the Memorial Day holiday.**

 

Soybean Crush Central Illinois – Margin unchanged heading into Memorial Day Weekend

The estimated crush margin held steady this week as reduced soybean cost was offset by lower soybean oil and meal income.  Revenue from soybean meal sales declined six dollars per ton, or two percent to $289.70, while soybean oil prices increased 3.3 percent to 25.59 cents per pound. The value received from oil and meal sales per bushel of soybeans crushed moved from $9.68 per bushel to $9.64 while soybean prices declined four cents to $8.39 per bushel. This left the margin unchanged at $1.25 per bushel. The crush margin is 41 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…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

05.27.2020

LCFS Credit Remains Stable Around $200

05.21.2020

Soybean, Soybean Meal, and Soybean Oil Exports Surge

05.20.2020

DDGS Output Hits Six-Week High

Latest News

04.14.2020

Podcast: Feedstocks to Biofuels Market Intelligence Weekly Webinar

02.11.2020

Small Refinery Exemptions

Blog

05.27.2020

LCFS Credit Remains Stable Around $200

Latest Tweets

Webinar on 2020 Organic Corn and Soybean planting survey results, presented tomorrow. https://us02web.zoom.us/webinar/register/WN_tq4BSybeQ-K8lw8yE5vBjA #organic #organicfood ... #grain #corn

We've released a report on our 2020 Organic Corn and Soybean Planting Survey. https://thejacobsen.com/price-reporting/non-gmo-organic/2020-soybean-corn-webinar/ #organic ... #organicfood #corn #soybean

Load More...