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Soybean oil prices hit record highs earlier in 2022 and pushed crush margins to record levels, with the spot CME crush margin peaking near $3.00 per bushel in early March. Margins then fell to 73 cents in June before rebounding to $1.81 per bushel.
Strong crush margins encourage more soybean crushing, which increases meal output and supports soybean demand. The volatility in margins signals uncertainty in both oil and meal pricing.
dtnpf.comJoel KarlinJul 25, 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.
