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Home›Commodities›Agriculture›Surging oil prices squeeze US soy crush margins

Surging oil prices squeeze US soy crush margins

CoBank says soaring oil prices are pushing soy crush margins to record highs even as crush margins deteriorate.

Reported · Written up by our desk · Agriculture

Surging oil prices are crimping US soy crush economics, with CoBank citing crush margins at record highs amid margin pressure, according to World Grain.

World Grain reports CoBank’s view that the speed of US soy processing is accelerating even as higher energy costs weigh on margins.

Sources

World GrainCoBank: US soy crush reaching breakneck speeds

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