Soybean Crush Central Illinois

The estimated crush margin moved higher for the third straight week. Soybean oil was the driver behind the move after the EPA’s release last Friday of the 2014 through 2017 renewable volume obligations (RVO) for the biodiesel market. For 2015, the mandate was pushed to 1.7 billion gallons.

The reaction in the soybean oil market was a swift jump in price. For the week, SBO values climbed 7.6% while meal was down…