Loading…
Iowa Farm Bureau reports soybean oil's share of crush value has risen to about half, from about one-third historically. Soybean oil prices are up 130% since October 2020, while meal prices rose 23%.
A higher oil share of crush value makes soybean meal relatively less valuable, which can encourage crushers to favor oil output and tighten meal supply later.
iowafarmbureau.comJul 13, 2022Not 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.
