US soybean crush drops by 12.8% to 178 million bushels in April

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US soybean crush drops by 12.8% to 178 million bushels in April

Chicago Mercantile Exchange grain prices fell on Tuesday June 4. The July CME soybean futures contract decreased by 5.50 cents per bushel to settle at $11.79 per bu, and July soymeal dropped by $4.40 per short ton to $355.10 per ton.

Meanwhile, the July CME corn futures contract declined by 1 cent per bu to $4.42 per bu, and July wheat futures fell by 14.50 cents per bu to close at $6.58 per bu.

Another wave of technical selling caused grain prices...

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Soybean crush sinks almost 13% month on month in April: USDA

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US soybean crush totaled 178 million bushels in April, down by 12.75% from 204 million bu in March and...

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