06.06.2023
Higher SBO Market Sparks Boost in Offer Prices

Distiller’s corn oil traded at 55 del Manly, IA for the nearby market and in a range for July and August today. There were offers to sell as high...
Crush capacity is expanding for Majestic Milling Company in Aurora, Missouri. Last September, Majestic added three new 150,000-bushel bins serviced by a rebuilt BNSF track and rail pit. Rail service and a leap from 10,000-bushel storage to nearly half a million bushels will support considerable growth.
The three-year-old facility also features six extruders and three presses. Throughput is projected at 6 tons/hour; annual production is set to exceed 35,000 tons of organic SBM. The company expects to process over 1.25 million bushels of organic beans annually.
As part of the company’s feed milling division, they project corn usage at roughly 2 million bushels annually. Majestic provides wholesale feeds to a range of organic enterprises like egg production.
The question for Majestic and other organic crushers is, will crush margins hold? African SBM imports are priced below all domestic sources and continue to trend…
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