Margin Expands as Soybean Prices Continue Lower

Category: Grain and Feed Ingredients

Margin Expands as Soybean Prices Continue Lower

Bob Lane | 08.07.2020

The estimated crush margin improved nine percent as the cost of soybeans declined and the price of soybean oil moved higher.  Soybean meal revenue declined but not by enough to offset the moves in soybeans and soybean oil.  The value received from oil and meal sales per bushel of soybeans crushed fell from $10.34 to $10.32 per bushel while the price of soybeans dropped 14 cents to $8.76 per bushel.  The margin expanded 12 cents to $1.56 per bushel.  Soybean prices are two percent highe...

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