Soybean Crush Margin Holds Steady in Central Illinois

Soybean Crush Margin Holds Steady in Central Illinois

 

Soybean Crush Central Illinois 

The estimated crush margin was unchanged as the move higher in revenue streams was offset by a runup in soybean cost. The value received from oil and meal sales per bushel of soybeans crushed increased from $11.00 to $11.22 per bushel while the price of soybeans moved 23 cents higher to $9.70 per bushel.  Soybean oil pricing consolidated at 34.67 cents per pound in Central Illinois during the week while soybean meal prices climbed over three percent.  The margin held steady at $1.52 per bushel.  

Soybean prices are 16 percent above values from a year ago, while soybean oil values are up 23 percent, and meal prices are four percent higher.  The crush margin is 15 percent below levels seen on September 5, 2019. 

The US Department of Agriculture’s (USDA) June crush data was in line with expectations from the data previously released by the…

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

09.14.2020

COVID & Uncertain Times Accentuate Benefit of Feedstock Flexibility

09.14.2020

Weather Concerns Rattle Markets

09.08.2020

Soybean Futures at Two-Year High

Blog

09.16.2020

Fats, Oils, & Fuels Webinar 9/15/20: Customer Q&A

Fats, Oils, & Fuels Webinar 9/15/20: Customer Q&A

Video shorts from the Fats, Oils, & Fuels Webinar Report Our team of Senior Analysts break down questions from the live Webinar audience during the call on Tuesday, September...

09.15.2020

Soybean Oil Futures Decline on Profit-Taking in Soy Complex

Soybean Oil Futures Decline on Profit-Taking in Soy Complex

Vegetable oil markets were mixed on Tuesday as palm oil, and Dalian prices played catch up to the rally in soybean oil futures on Monday, but selling across the...

09.15.2020

2020 Hempseed Harvest

2020 Hempseed Harvest

The hempseed crop this year is looking good, with some exceptions, due to pest pressure.  We estimate that 21,138 acres were planted for hempseed this year, primarily consolidated...

Latest Tweets

We're IOSCO compliant!
https://thejacobsen.com/about/media/iosco-compliance/ #pricereporting #dco #yellowgrease #usedcookingoil #commodity

Chase Hubbard is on Thursday's discussion of The ‘Lo Down: Real Talk With Hemp Farmers. We’re going over the hemp marketplace with a fine-tooth comb, from pricing to ... forecasting, commoditization challenges, policy and much more #cbd #hempfarming https://www.instagram.com/p/CBDjGLSBXdb/

Load More...

Keep Track of the Conversion to Renewable Fuels on our special section: Renewable Fuels Watch