The estimated crush margin edged fractionally higher this week as increased revenue was largely offset by a rise in soybean cost. Revenue from soybean meal sales increased nearly six dollars per ton, or two percent to $291.30, while soybean oil prices increased 3.7 percent to 26.82 cents per pound in Central Illinois. The value received from oil and meal sales per bushel of soybeans crushed moved from $9.72 per bushel to $9.96 while soybean prices increased 23 cents to $8.76 per bushel. This allowed the margin to expand a penny to $1.20 per bushel. The crush margin is 45 percent below levels seen at this time last year.
The US Department of Agriculture’s (USDA) April crush data was in line with expectations from the data previously released by the National Oilseed Processors Association (NOPA) in mid-April. Per the USDA, 183.4 million…
01.08.2025
Tallow trades persist amid tight markets; DCO, ethanol production down slightly
Trade in the US tallow markets continued to gain momentum on Wednesday January 8, following sluggish demand throughout much of December.
Another four railcars of packer-grade bleachable fancy tallow (BFT)...
01.08.2025
US ruminant meat and bonemeal prices fall further in most regions
Meat and bonemeal spot prices in the US dropped further on Wednesday January 8. A sizable number of distressed loads of both porcine and ruminant meat and bonemeal were...
01.08.2025
US weekly ethanol production drops; stocks reach 7-month high
US weekly average ethanol production fell to 1.102 million barrels per day in the week to Friday January 3, according to the US Energy Information Administration (EIA) report released...