The estimated crush margin declined four percent as the cost of soybeans increased at a more rapid pace than revenue streams. The value received from oil and meal sales per bushel of soybeans crushed increased from $10.54 to $10.58 per bushel while the price of soybeans pushed 10 cents higher to $9.12 per bushel. The margin narrowed six cents to $1.46 per bushel. Soybean prices are 6.7 percent higher than they were a year ago, oil values are up 10.7 percent, but meal prices are down one percent from last year. The crush margin is 16 percent below levels seen August 22, 2019.
The US Department of Agriculture’s (USDA) June crush data was in line with expectations from the data previously released by the National Oilseed Processors Association (NOPA) in mid-July. Per the USDA, 177.3 million bushels of beans were crushed during June, resulting in 2.04…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
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Six railcars...
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Light trade volume leaves most US animal protein prices flat
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Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
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December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...