The Market Soybean crushing margins improved 5 percent this week as lower soybean costs offset a mild dip in soyoil values while soymeal prices were essentially unchanged. The board crush margin (that is, the margin implied by CBOT soybean, soyoil, and soymeal futures) is up 6.5 percent from last Thursday at $1.48/bushel and are 123 percent above year-ago levels. The crush margin has turned sideways over the past three weeks after a solid rally in March and early April. Seasonally, crush margins tend to remain volatile but relatively steady from May into July, at which point they have rallied sharply in each of the past three years. The oilshare of the crush margin (that is, the proportion of revenues contributed by the s...
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...