Soybean Crush Central Illinois 

The estimated crush margin improved for a fourth straight week in Central Il, raising five percent and reaching a 66-week high.  The value received from oil and meal sales per bushel of soybeans crushed increased from $11.99 per bushel to $12.33 while soybean prices moved 25 cents higher, closing at $10.45 per bushel.  This allowed the margin to expand nine cents to $1.88 per bushel.  

Soybean, meal and soybean oil prices remain well supported relative to last year. Soybean prices are 16 percent over last year’s value, soybean oil is 14 percent stronger, and meal prices are up 14 percent.  The crush margin is five percent above where it stood on October 10, 2019 . 

The US Department of Agriculture’s (USDA) August crush data was in line with expectations from the data previously released by the National Oilseed Processors Association…