The estimated crush margin declined on a weekly basis in Central IL, reaching a 5-week low as soybean prices raced to a multi-year high. The value received from oil and meal sales per bushel of soybeans crushed increased from $13.27 per bushel to $13.44, but could not keep pace with a 4.5 percent climb in soybean prices that lifted values 49 cents higher to $11.45 per bushel. This caused the margin to narrow 32 cents to $1.99 per bushel.
Soybean, soybean meal and soybean oil prices remain well supported relative to last year. Strong cash market gains and export demand have pushed soybean prices to levels not seen since 2016. Soybean prices are 25 percent over last year’s value, soybean oil is 23 percent stronger, and meal prices are up 27 percent relative to last year. Despite this week’s margin decline, the crush margin…
02.10.2025
US cattle slaughter edges higher; animal fats, UCO start week quiet
The US animal fats and oils markets opened the week on Monday February 10 on a quiet note, with prices holding steady despite discussions of continued strength and stability.
02.10.2025
Central Illinois soybean crush margin falls below weekly, yearly levels
In the week to Friday February 7, the soybean crush margin in Central Illinois decreased by 6% week on week and by 19% year on year, according to the...
02.10.2025
US hide trading quiet to start week
The US hide market was steady on Monday February 10, with sources reporting limited activity and prices consistent with those from the previous week.
Cattle slaughter forecast
Fastmarkets’...