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have contracted more than a dollar from their late-October high, but at $2.40 per bushel they remain profitable. The peak of $3.40 a month earlier was the highest soybean crush margin on record.
Margins are typically seasonally contracting in the final month of the year as farmers hold cash beans.
Strong crush margins support processor demand for soybeans and point to continued robust soybean meal and oil output, though seasonal contraction may slow crush activity into year-end.
dtnpf.comJoel KarlinNov 30, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
