Get Started

Correction to Crush Margin China and US Soy

Fastmarkets has corrected its AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt; AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt; and AG-SYB-0082 Crush Margin US Soy M1 c$/bu for the period between December 2-13, 2024, which were published incorrectly due to a procedure lapse error. Fastmarkets has also 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 for November 20 and November 29, 2024, which were published incorrectly due to a typo.

January 2, 2025
By Eduardo Tinti
Agriculture Pricing notice Soy

Assessment:AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt [December 2-13]
Incorrect values:
M1: 51.50; 15.50; 15.25; -13.25; -19 ; -1.50; 17.50; 25; 47.25; 56.25
M2: 208.75; 184.50; 241.25; 225.25; 216; 223.5; 248; 257.75; 251.75; 269.75
M3: 268.25; 263.25; 290; 276; 242.75; 250.5; 293.5; 313.25; 311.25; 320.00
M4: 220; 202.75; 236.75; 214; 195.75; 209; 232; 232.00; 226.00; 228.00
M5: 122.50;121.50; 149; 107.25; 93.75; 104.5; 120; 128.50; 95.75; 70.75
M6: 47; 36; 59; 28.25; 8; 22.5;35.15; 41.75; 12.75; -3.50
Corrected to:
M1: 39.75; -2.50; -5.75; -33.75; -59.25; -36.75; -26.25; -27.25; -0.75; 1.5
M2: 154.5; 129; 183.75; 159; 138.75; 145.75;164.75; 173; 164.75; 168.75
M3: 171.5; 170.75; 196; 164.25; 128.25; 131; 170.75; 195.75; 185.5; 173
M4: 158.25; 144.25; 179.50; 148.25; 131.50; 143; 164; 164.5; 154.25; 144
M5: 96; 97.25; 128.25; 87.25; 79.50; 91.75;106.20; 111; 78; 49.5
M6: 132.5; 125; 153.50; 122.75; 113.50; 135.5;136.75; 142; 127.75; 119

Assessment:AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt [December 2-13] 
Incorrect values:
M1: 84; 30; 29.50; 1; -4.75; 4.75; 31.75; 39.25; 22.75; 33.75
M2: 78.25; 23; 19; -11.25; -20.75; -13; 11.75; 13.00; -5.25; 10.50
M3: 56; 9.75; 8.50; -23.50; -45; -34.75; -12; -17.00; -33.50; -19.00
M4: 7.50; -42.75; -46.75; -85.50; -104.25; -90.5; -73.25; -73.75; -98.50; -104.75
M5: -57.25; -101.25; -105.75; -153.50; -171.75; -162.5; -144.5; -144.50; -173.75; -188.50
M6: -116.50; -158.25; -161.25; -202; -216.50; -201.75; -189; -188.75; -220.00; -228.25
Corrected to:
M1: 72.50; 11.75; 8.50; -19.50; -45; -30.75; -12; -13; -25.25; -21
M2: 24; -32.50; -38.50; -77.25; -98; -90.5; -71.25; -71.5; -92.25; -90.5
M3: -40.75; -83; -85.50; -135.25; -159.50; 154.5;-134.5; -134.25; -159.5; 166
M4: -54.25; -101.25; -104; -151.25; -168.50; -156.75; -141.25 ; -141.25; -170.25; -189
M5: -83.75; -125.50; -126.75; -173.50; -185.75;-175.25; -158.5; -162.25; -191.25; -209.75
M6: -31; -69.25; -66.50; -107.75; -111; 87.5; – 87; -88.25; -104.75; -105.5

Assessment:AG-SYB-0082 Crush Margin US Soy M1 c$/bu [December 2-13]
Incorrect values:
M1: 98; 99; 104; 105; 101; 109; 106 112; 107; 106
M2: 99; 102; 109;107; 108; 113; 114; 112; 105; 105
M3: 99; 102; 109; 107; 108; 113; 114; 112; 105; 105
M4: 104; 105; 112; 111; 113; 119; 121; 119; 113; 112
M5: 104; 105; 112; 111; 113; 119; 121; 119; 113; 112
M6: 105; 108; 114; 112; 115; 120; 123; 122; 117; 116
Corrected to:
M1: 106; 107; 115; 113; 113; 119; 119; 123; 113; 111
M2: 116; 116; 124; 122; 123; 129; 129; 129; 124; 123
M3: 116; 116; 124; 122; 123; 129; 129; 129; 124; 123
M4: 118; 120; 126; 124; 126; 132; 134; 132; 127; 127
M5: 118; 120; 126; 124; 126; 132; 134; 132; 127; 127
M6: 119; 123; 127; 125; 128; 133; 135; 133; 130; 128

Assessment:AG-SYB-0078 Crush Margin China Soy (Brazil) M1 Yuan/mt [November 20; 29] 
Incorrect values:
M1: 21.50; 34.50
M2: 70; 56.50
M3: 219; 226.50
M4: 272.25; 295
M5: 214.25; 247
M6: 142.25; 154.50
Corrected to:
M1: 3.50; 35.50
M2: 26.25; 47
M3: 145.25; 176
M4: 168.50; 203.25
M5: 143.25; 186
M6: 104; 123.75

Assessment: AG-SYB-0079 Crush Margin China Soy (US Gulf) M1 Yuan/mt [November 20; November 29]
Incorrect values:
M1: 96.75; 89.25
M2: 100.50; 115.50
M3: 62.25; 102.50
M4: 40.50; 85.50
M5: -15.50; 29.50
M6: -71.50; -28.50
Corrected to:
M1: 78.75; 90.50
M2: 56.75; 105.75
M3: -11.50; 52
M4: -63.25; -6
M5: -86.50; -31.75
M6: -109.50; -59.25

Fastmarkets’ pricing database has been updated to reflect this change.

This price is part of the Fastmarkets Agriculture Grains and Feedstocks Prices packages

To provide feedback on this notice or if you would like to provide price information by becoming a data submitter, please contact Eduardo Tinti by email at eduardo.tinti@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Crush Margin China and US Soy.”

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
Extension of the consultation period for the launch of Nordic Sawn Timber export prices for Europe
Fastmarkets has had a strong interest in the proposed new assessments and would like to gather additional information on the specification and grades that should assess.  Based on the feedback, the proposed specifications have been updated as follows:  Quality: Selected Nordic (Swedish, Finnish, Norwegian) export grades of both planed and rough sawn timber spruce (whitewood) […]
July 7, 2025
 · 
By Sanjoy Narayan
Extension of the consultation period on the proposal to discontinue PIX Sawn Timber Finland export indices
While Fastmarkets understands that the PIX sawn timber FAS Finland indices have not been widely adopted by the industry, we have received feedback that there is commercial use for the indices. Therefore, we propose to maintain them for the time being.  The following indices are affected:  The extended consultation period for this proposed discontinuation starts […]
July 7, 2025
 · 
By Tuomo Neuvonen
Clarification of methodology for MHP nickel payable indicator: pricing notice
To increase the transparency of our methodology, Fastmarkets clarifies that the quotation period of the MHP nickel payable indicator is the month of delivery, or the month M. Any data points Fastmarkets received otherwise will be normalized to the M month based on the monthly spreads of the prevailing exchange-traded Class-1 nickel reference price, or […]
July 7, 2025
 · 
By Dylan Duan
Proposal to amend Fastmarkets’ iron ore 65% Fe Brazil-origin fines index specifications
Following an initial consultation with the market and a review of the typical data sets that have been collected over recent months, Fastmarkets is proposing changes to the specifications of the index for MB-IRO-0009 iron ore 65% Fe Brazil-origin fines, cfr Qingdao, by raising the silica base specification to 2.7% from 2.2%, as well as an […]
July 4, 2025
 · 
By Norman Fong
Correction to barley feed barley FOB Argentina on July 2
The corrections are as follows: AG-BRY-0004 Barley Feed barley FOB Argentina $/mt Incorrect prices: August $119.00 per tonne Corrected to: August $219.00 per tonne Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags Grains package. For more information or to provide feedback on this correction notice or […]
July 3, 2025
 · 
By Mark Shenk
Publication of Fastmarkets’ steel scrap No1 busheling, delivered mill Chicago assessment on Thursday July 3
This price is a part of the Fastmarkets scrap package. For more information on our North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.
July 3, 2025
 · 
By Amy Hinton