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Correction to soybean crush margins on June 20, 2024

Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.

June 26, 2024
Agriculture Pricing notice Soy

The corrections are as follows:

AG-SYB-0082 Crush Margin US Soy c$/bu were published incorrectly at:
M1: 42 cents per bu
M2: 28.75 cents per bu
M3: 32.75 cents per bu
M4: 25.5 cents per bu
M5: 29 cents per bu
M6: 29.75 cents per bu

These have been corrected to:
M1: 113 cents per bu
M2: 105 cents per bu
M3: 120 cents per bu
M4: 111 cents per bu
M5: 121 cents per bu
M6: 101 cents per bu

AG-SYB-0080 Crush Margins Brazil Soy $/mt were published incorrectly at:
M1: -$128 per tonne
M2: -$73.5 per tonne
M3: -$25.5 per tonne
M4: -$33 per tonne
M5: -$185.75 per tonne
M6: -$297.5 per tonne

These have been corrected to:
M1: $42 per tonne
M2: $28.75 per tonne
M3: $32.75 per tonne
M4: $25.5 per tonne
M5: $29 per tonne
M6: $29.75 per tonne

AG-SYB-0079 Crush Margins China Soy (US Gulf) Yuan/mt were published incorrectly at:
M1: 113 yuan per tonne
M2: 105 yuan per tonne
M3: 120 yuan per tonne
M4: 111 yuan per tonne
M5: 121 yuan per tonne
M6: 101 yuan per tonne

These have been corrected to:
M1: -128 yuan per tonne
M2: -73.5 yuan per tonne
M3: -25.5 yuan per tonne
M4: -33 yuan per tonne
M5: -185.75 yuan per tonne
M6: -297.5 yuan per tonne

These prices are a part of the Fastmarkets Agriculture Grains and Agriculture Oils, Fats and Biofuels price package.

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.ags@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Soybean crush margins correction.”

Please indicate if the 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/.

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