05.15.2024
Soybean oil stocks fall with slowing April crush
The soybean crush totaled 166.034 million bushels, down by 15% from a record of 196.406 million bushels in March and down by 4% from 173.232 million bushels crushed in...
Bean meal prices are consolidating in a relatively tight range as traders await the outcome of the current harvest season. The latest estimate by the U.S. Department of Agriculture shows that soybean production is estimated at a record 4.27 billion bushels, up 2% from September and up 9% from last year. Based on October 1 conditions, yields are expected to average a record 51.4 bushels per acre, up 0.8 bushel from…