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Veteran Advisor

More Crush Equal Better Prices?

Here is a story that says more soybean crush facilities are being added.  The crush margin right now is over $1/bushel.  Will more crush help your basis any?

 

I'm not sure it will help in my area, but we have pretty good bean markets, with processors and exporters nearby.

 

https://www.agriculture.com/markets/newswire/us-soy-processors-build-new-capacity-at-fastest-rate-in...

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Veteran Advisor

Re: More Crush Equal Better Prices?

The question is.......if things are so wonderful in the crush market........why did the largest cooperative shut down

a plant in Iowa and Kansas ??

 

 

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Veteran Advisor

Re: More Crush Equal Better Prices?

I don't know, elcheapo.  Tell us.

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Veteran Advisor

Re: More Crush Equal Better Prices?

I have the same question elcheapo has.. And I don't have an answer.I gotta go with cheapo on this one.

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