Clarification of methodology for Fastmarkets crush margins

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.