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
Correction to sustainable aviation fuel exw Netherlands cost of production prices for January 9
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
February 6, 2026
 · 
By Fastmarkets pricing team
Delayed publication of European aluminium billet premiums, inferred prices: pricing notice
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
February 6, 2026
 · 
By Fastmarkets pricing team
Correction to unit of measure for Gadolinium oxide 99.99%-99.999% fob China, $/kg: pricing notice
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
February 6, 2026
 · 
By Fastmarkets pricing team
Launch of steel hot-rolled coil index, fob mill Canada
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited steelmaking raw materials price indices
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price […]
February 5, 2026
 · 
By Fastmarkets pricing team
Open consultation on IOSCO-audited CFR Manila steel billet price assessment
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]
February 5, 2026
 · 
By Paul Lim