Get started

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.

March 18, 2025
By Fastmarkets Staff
Pricing notice Soy

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 clarifies the inclusion of conditional bids, offers in CFR China iron ore assessments
Fastmarkets wishes to clarify how conditional bids and offers are used in its CFR China iron ore price assessments.
January 2, 2026
 · 
By Fastmarkets pricing team
Fastmarkets clarifies unit of measurement for iron ore indices
Fastmarkets wishes to clarify that its iron ore fines pricing suite is priced in dry metric tonnes.
January 2, 2026
 · 
By Fastmarkets pricing team
Correction to renewable diesel, del Los Angeles on December 26: pricing notice
Due to an input error, the market price for EN-BD-0032 renewable diesel, del Los Angeles, $/gal was priced well above the actual market price on December 26. Fastmarkets’ pricing database has been updated to reflect this change. Incorrect daily price for December 26: 1.9026-20076 $/galCorrect daily price for December 26: 1.9026-2.0076 $/gal This price is part of […]
December 31, 2025
 · 
By Fastmarkets pricing team
Amendment to specifications of European imported flat steel price assessments: pricing notice
Fastmarkets has amended the specifications for its CFR Europe flat steel import price assessments to better reflect the most typical sizes of spot market transactions. Following the consultation, which ended on Wednesday December 24, Fastmarkets amended the specifications for its CFR Europe flat steel import price assessments on Wednesday December 31. Based on feedback from market […]
December 31, 2025
 · 
By Fastmarkets pricing team
Amendment to frequency of four European copper cathode premiums: pricing notice
After a consultation period, Fastmarkets has amended the pricing frequency of four European copper cathode premiums – grade A delivered Germany; grade A, CIF Leghorn; grade A, CIF Rotterdam; and the copper EQ cathode premium, CIF Europe. Following the consultation, which ended on Tuesday December 30, Fastmarkets has amended the frequency from fortnightly to weekly, on […]
December 31, 2025
 · 
By Fastmarkets pricing team
Correction to crush margin China soy Brazil M1 and US Gulf M1 for February, April-September and October 31, 2025
Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt and AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt, which had all forward curve months published incorrectly in February, and between April and September.
December 30, 2025
 · 
By Fastmarkets pricing team