Central Illinois soybean meal prices drop to 4-year low

Central Illinois soybean meal prices drop to 4-year low

In the week to Friday February 14, the soybean crush margin in Central Illinois decreased by 1% week on week and by 17% year on year, according to the USDA’s National Weekly Grain Co-Products Report released on Tuesday February 18.

In the week to Friday, soybean meal prices hit a four-year low of $296.45 per short ton, down by 4.5% week on week from $310.50 per ton and by 20% year on year.

Soybean prices decreased to $10.32 per bushel, down by 1.9% week on week from $10.52 per bu and by 13% from a year earlier.

Soybean oil prices increased to 45.25 cents per lb, up by 2% week on week from 44.40 cents per lb, but down by 4% year on year.

The decline in soybean and soybean meal prices led to a crush margin of $1.91 per bu, down by 17 cents per bu compared with the six-week average of $2.08 per bu.

Market update

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