Central Illinois soybean crush margins reach 3-month high

Central Illinois soybean crush margins reach 3-month high

Chicago Mercantile Exchange grain prices fell on Monday June 17, with the July CME soybean futures contract decreasing by 22 cents per bushel to settle at $11.57 per bu, and July soymeal dropping by $8.10 per short ton to $360.30 per ton.

Meanwhile, the July CME corn futures contract declined by 6.25 cents per bu to $4.43 per bu, and July wheat futures fell by 21.25 cents per bu to close at $5.91 per bu.

Despite strong export inspection data and the expectation of a slight ease in crop quality, corn prices dropped alongside other grains.

Soybean prices captured double-digit losses following a round of technical selling spurred by planting progress in the US, and as the current Brazilian harvest wraps up.

Wheat prices also trended lower, with harvest pressure prompting a round of technical selling.

Weekly soybean crush

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

Membership required to view content.


...

Membership is required to vi...

06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

Membership required to view content.


Membership required to view content.


Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

Latest Tweets