Clarification of methodology for Fastmarkets crush margins

Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for the calculation of crush margins across its Argentina, Brazil, US, China (Brazil) and China (US Gulf) soybean crush values.

The details affect the following prices:
AG-SYB-0079 Crush Margin, China Soy (US Gulf), M1, yuan per tonne
AG-SYB-0082 Crush Margin, US Soy, M1, c$ per bushel
AG-SYB-0080 Crush Margin, Brazil, Soy, M1, $ per tonne
AG-SYB-0078 Crush Margin, China Soy (Brazil), M1, yuan per tonne
AG-SYB-0081 Crush Margin, Argentina Soy, M1, $ per tonne

Fastmarkets clarifies that, where the value of a futures contract is factored into the crush calculation, the value used will be for the most recent settlement value of the relevant futures contract.

To provide feedback on this clarification for the crush margin price methodology, please contact Tim Worledge by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Tim Worledge, re: Fastmarkets crush margins.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
Fastmarkets proposes to launch Nordic sawn timber export prices for selected European markets and grades, while discontinuing the PIX Sawn Timber FAS Finland indices. The PIX sawn timber FAS Finland indices have not been widely adopted by the industry and the new price assessments will offer more end-market-specific data for major European markets and will […]
To increase transparency, Fastmarkets has further clarified how it handles price movements during periods of low liquidity. Factors that Fastmarkets may consider during times of low liquidity include, but are not limited to: market fundamentals such as changes in inventory levels, shipments, operating rates and export volumes; relative fundamentals of similar commodities in the same […]
Fastmarkets invited feedback from the industry on the pricing methodology for PIX Packaging GCC indices via an open consultation process between April 16 and May 14, 2025. This consultation was done as part of our published annual methodology review process. Full details of the prices covered by this consultation can be found here. No feedback […]
Fastmarkets is inviting feedback from the industry on the pricing methodology for the PIX Forest Biomass Finland price indices, as part of its announced annual methodology review process. This consultation, which is open until June 12, 2025, seeks to ensure that our methodologies continue to reflect the physical market under indexation, in compliance with the […]
The publication of the following price was delayed for 10 minutes: MB-ALU-0002 Alumina index, fob Australia, $/tonne This price is a part of the Fastmarkets Base Metals package. For more information or to provide feedback on the delayed publication of this price or if you would like to provide price information by becoming a data submitter […]
Fastmarkets proposes to amend the frequency of Taiwan base metals prices from biweekly to monthly, and the delivery timing for the tin 99.99% ingot premium from two weeks to four weeks.