Soybean Crush Margins Surge by 75 Percent YOY

Soybean Crush Margins Surge by 75 Percent YOY

Values for DDGs experienced a slight surge due to the rapid fluctuation in corn prices. Market participants indicated that the outlook is uncertain, as the corn crop appears strong, yet the market fails to display any definitive direction. Corn prices keep pushing higher, despite lackluster demand. 

CME grain pricing saw a positive shift today, showing wheat increasing to $7.57/bu after jumping $0.6000. Soybean prices increased, reaching $15.23/bu after gaining $0.2225. Soybean meal increased by $4.50 to $447.30/st, Furthermore, corn increased by $0.3350 to $5.60/bu.

Weekly Soybean Crush

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