Soybean Crush Margins Drop WOW and YOY

Soybean Crush Margins Drop WOW and YOY

Based on reports, there were no active trades on DDGS today as prices remain steady. Market participants noted that demand has eased, and September supply is anticipated to tighten up significantly.

CME grain pricing showed a positive trend today, with September corn increasing $0.0125, reaching $4.75/bu, and September soybeans surging by $0.1575, settling at $13.53/bu. Furthermore, September soymeal prices saw a rise of $5.00 to reach $415.30/st. while September wheat declined by $0.1075, dropping to $6.16/bu. Most grains are receiving support from the USDA WASDE report released on Friday, although wheat is being impacted by large Russian export volumes and favorable U.S. crop weather.

Weekly Soybean Crush

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