A Low Crush and Plentiful Bean Crop Depress Meal Prices
Bean meal prices remain subdued ahead of the spring planting season for beans. The crush, which is the difference between prices of beans and the combination of meal and oil is depressed, making it unattractive for crushers to refine product. Inflatio,n in general, remains low and if bean farmers hold back on planting, they could further reduce the margins crushers enjoy.
With the expected…
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