Posted 9/21/2023 09:59 (#10410037 - in reply to #10409848) Subject: RE: Renewable fuel from soybeans. What’s actual expected need in near future?
Main by product is soybean meal, 48# of meal per bushel of soybeans. Current soy meal on CBOT is $390.50 per ton. This equates out $9.38 of soybean meal and 1.5 gallons of biodiesel from each bushel.