# Soybean Crush Margins Continue to Rise - The Jacobsen

> CME grain futures closed higher on Monday, with March soymeal up $2.10 to $348.90/st, March soybeans up to $11.93/bu, March corn up to $4.30/bu and March wheat up to $5.97/bu. DDGS prices were steady in most locations, with slight declines in Minnesota/Dakota and Iowa. Weather in Argentina and Brazil was cited as affecting prices.

- Date: 2024-02-12 · published 2024-02-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31753-soybean-crush-margins-continue-to-rise-the-jacobsen
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Routine price moves with modest technical buying; the South American weather mention is a minor supportive factor for soy and meal prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- DDGS: neutral
- WHEAT: bullish ▲

## Sources

- thejacobsen.com: https://thejacobsen.com/2024/02/12/soybean-crush-margins-continue-to-rise/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.