Addition of missing soybean crush margin values

Fastmarkets has added missing soybean crush margin values for February 9, 2024; March 20, 2024; April 4, 2024; August 21,2024; and November 8, 2024, to its historical database. The following values were missing due to procedure lapse errors.

AG-SYB-0078 Crush Margin China Soy (Brazil)

March 20, 2024:
M1: 104.25 yuan per tonne
M2: 63.25 yuan per tonne
M3: 43.25 yuan per tonne
M4: -44.75 yuan per tonne
M5: -122.25 yuan per tonne
M6: -132.75 yuan per tonne

August 21, 2024:
M1: -5 yuan per tonne
M2: -6.75 yuan per tonne
M3: -50.25 yuan per tonne
M4: -100.5 yuan per tonne
M5: 23.5 yuan per tonne
M6: 34.5 yuan per tonne

AG-SYB-0079 Crush Margin China Soy (US Gulf)

March 20, 2024:
M1: -203 yuan per tonne
M2: -256 yuan per tonne
M3: -268 yuan per tonne
M4: -287.25 yuan per tonne
M5: -300 yuan per tonne
M6: -241.75 yuan per tonne

August 21, 2024:
M1: 35 yuan per tonne
M2: 53.5 yuan per tonne
M3: 21.75 yuan per tonne
M4: -32.25 yuan per tonne
M5: -76.5 yuan per tonne
M6: -153.75 yuan per tonne

AG-SYB-0080 Crush Margin Brazil Soy

March 20, 2024:
M1: $24 per tonne
M2: $23.25 per tonne
M3: $16.5 per tonne
M4: $13 per tonne
M5: $20.25 per tonne
M6: $20.75 per tonne

April 4, 2024:
M1: $30.25 per tonne
M2: $20.75 per tonne
M3: $15.5 per tonne
M4: $16 per tonne
M5: $16.25 per tonne
M6: $17.75 per tonne

August 21, 2024:
M1: $54.75 per tonne
M2: $44.75 per tonne
M3: $39 per tonne
M4: $35.25 per tonne
M5: $37.75 per tonne
M6: $37.75 per tonne

AG-SYB-0081 Crush Margin Argentina Soy

March 20, 2024:
M1: $22.25 per tonne
M2: $15.25 per tonne
M3: $10.75 per tonne
M4: $7 per tonne
M5: $8.5 per tonne
M6: $6.75 per tonne

April 4, 2024:
M1: $15 per tonne
M2: $17 per tonne
M3: $19.75 per tonne
M4: $13.25 per tonne
M5: $6.75 per tonne
M6: $6 per tonne

August 21, 2024:
M1: $0.25 per tonne
M2: -$3.25 per tonne
M3: -$7.25 per tonne
M4: -$6 per tonne
M5: -$11.75 per tonne
M6: -$12.75 per tonne

AG-SYB-0082 Crush Margin US Soy

February 9, 2024:
M1: 96 cents per bushel
M2: 82 cents per bushel
M3: 82 cents per bushel
M4: 80 cents per bushel
M5: 80 cents per bushel
M6: 87 cents per bushel

March 20, 2024:
M1: 83 cents per bushel
M2: 83 cents per bushel
M3: 82 cents per bushel
M4: 82 cents per bushel
M5: 86 cents per bushel
M6: 102 cents per bushel

April 4, 2024:
M1: 84 cents per bushel
M2: 84 cents per bushel
M3: 84 cents per bushel
M4: 88 cents per bushel
M5: 104 cents per bushel
M6: 97 cents per bushel

August 21, 2024:
M1: 176 cents per bushel
M2: 136 cents per bushel
M3: 134 cents per bushel
M4: 116 cents per bushel
M5: 119 cents per bushel
M6: 114 cents per bushel

November 8, 2024:
M1: 159 cents per bushel
M2: 163 cents per bushel
M3: 159 cents per bushel
M4: 159 cents per bushel
M5: 156 cents per bushel
M6: 156 cents per bushel

Fastmarkets’ pricing database has been updated to reflect these changes.

This prices are part of the Ags Grain Prices and Ags Oils, Fats and Biofuels Prices packages.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Soybean 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
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 […]
Learn how timber imports affect the US economy regarding Canadian softwood lumber and future trade policies.
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 […]
The recent US-China agreement to temporarily reduce tariffs is a major step for global trade, with tariffs on US goods entering China dropping from 125% to 10% and on Chinese goods entering the US decreasing from 145% to 30% starting May 14. While this has boosted markets and created optimism, key industries like autos and steel remain affected, leaving businesses waiting for clearer long-term trade policies.