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...
May Soybean futures moved lower for the fourth consecutive week, falling 7 cents per bushel. Friday’s trading activity tipped the scales lower for the week as prices dropped fractionally more then 7 cents per bushel. Soybean export sales rocketed higher, more than doubling as they moved from 347 TMT to 726 TMT. Soybean export commitments are 100% of forecast with 23 weeks to go, which is well above the five-year…