Addition of missing soybean crush margin values

Fastmarkets has added missing soybean crush margin values for February 9, 2024; March 20, 2024; April 4, 2024; August 21,2024; and November 8, 2024, to its historical database. The following values were missing due to procedure lapse errors.

AG-SYB-0078 Crush Margin China Soy (Brazil)

March 20, 2024:
M1: 104.25 yuan per tonne
M2: 63.25 yuan per tonne
M3: 43.25 yuan per tonne
M4: -44.75 yuan per tonne
M5: -122.25 yuan per tonne
M6: -132.75 yuan per tonne

August 21, 2024:
M1: -5 yuan per tonne
M2: -6.75 yuan per tonne
M3: -50.25 yuan per tonne
M4: -100.5 yuan per tonne
M5: 23.5 yuan per tonne
M6: 34.5 yuan per tonne

AG-SYB-0079 Crush Margin China Soy (US Gulf)

March 20, 2024:
M1: -203 yuan per tonne
M2: -256 yuan per tonne
M3: -268 yuan per tonne
M4: -287.25 yuan per tonne
M5: -300 yuan per tonne
M6: -241.75 yuan per tonne

August 21, 2024:
M1: 35 yuan per tonne
M2: 53.5 yuan per tonne
M3: 21.75 yuan per tonne
M4: -32.25 yuan per tonne
M5: -76.5 yuan per tonne
M6: -153.75 yuan per tonne

AG-SYB-0080 Crush Margin Brazil Soy

March 20, 2024:
M1: $24 per tonne
M2: $23.25 per tonne
M3: $16.5 per tonne
M4: $13 per tonne
M5: $20.25 per tonne
M6: $20.75 per tonne

April 4, 2024:
M1: $30.25 per tonne
M2: $20.75 per tonne
M3: $15.5 per tonne
M4: $16 per tonne
M5: $16.25 per tonne
M6: $17.75 per tonne

August 21, 2024:
M1: $54.75 per tonne
M2: $44.75 per tonne
M3: $39 per tonne
M4: $35.25 per tonne
M5: $37.75 per tonne
M6: $37.75 per tonne

AG-SYB-0081 Crush Margin Argentina Soy

March 20, 2024:
M1: $22.25 per tonne
M2: $15.25 per tonne
M3: $10.75 per tonne
M4: $7 per tonne
M5: $8.5 per tonne
M6: $6.75 per tonne

April 4, 2024:
M1: $15 per tonne
M2: $17 per tonne
M3: $19.75 per tonne
M4: $13.25 per tonne
M5: $6.75 per tonne
M6: $6 per tonne

August 21, 2024:
M1: $0.25 per tonne
M2: -$3.25 per tonne
M3: -$7.25 per tonne
M4: -$6 per tonne
M5: -$11.75 per tonne
M6: -$12.75 per tonne

AG-SYB-0082 Crush Margin US Soy

February 9, 2024:
M1: 96 cents per bushel
M2: 82 cents per bushel
M3: 82 cents per bushel
M4: 80 cents per bushel
M5: 80 cents per bushel
M6: 87 cents per bushel

March 20, 2024:
M1: 83 cents per bushel
M2: 83 cents per bushel
M3: 82 cents per bushel
M4: 82 cents per bushel
M5: 86 cents per bushel
M6: 102 cents per bushel

April 4, 2024:
M1: 84 cents per bushel
M2: 84 cents per bushel
M3: 84 cents per bushel
M4: 88 cents per bushel
M5: 104 cents per bushel
M6: 97 cents per bushel

August 21, 2024:
M1: 176 cents per bushel
M2: 136 cents per bushel
M3: 134 cents per bushel
M4: 116 cents per bushel
M5: 119 cents per bushel
M6: 114 cents per bushel

November 8, 2024:
M1: 159 cents per bushel
M2: 163 cents per bushel
M3: 159 cents per bushel
M4: 159 cents per bushel
M5: 156 cents per bushel
M6: 156 cents per bushel

Fastmarkets’ pricing database has been updated to reflect these changes.

This prices are part of the Ags Grain Prices and Ags Oils, Fats and Biofuels Prices packages.

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@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Soybean 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
The trade log in the rationale incorrectly identified an offer as a trade. The trade log has been corrected to: Vale, COREX, 170,000 tonnes of 62% Fe Brazilian Blend fines, offered at the June average of Fastmarkets’ 62% Fe low-alumina fines plus a premium of $1 per tonne, laycan May 18-27 (fixed-price equivalent calculated at […]
The publication of Fastmarkets’ MB-AL-0343 Aluminium P1020A spot premium, cif main Japanese ports (MJP) assessment for Wednesday April 2 was delayed because of a reporter error. Fastmarkets’ pricing database has been updated. The following price was affected:MB-AL-0343: Aluminium P1020A (MJP) spot premium, cif Japan, $/tonne The price is a part of the Fastmarkets base metals […]
The Trump administration has introduced reciprocal tariffs, matching about half the rates imposed by US trade partners, with a minimum of 10%, to boost domestic industries and achieve "economic independence." While praised by US steel manufacturers for protecting jobs, the effect on trade relationships with partners like Canada and Mexico remains uncertain.
Fastmarkets is making clarifying changes to the names of six current pallet assessments (listed below) and adding 12 new pallet price assessments.
The publication of Fastmarkets’ Turkish steel scrap import indices was delayed on Wednesday April 2 because of a technical fault. Fastmarkets’ pricing database has been updated. The following prices were affected: MB-STE-0416 Steel scrap HMS 1&2 (80:20 mix) North Europe origin, cfr Turkey, $/tonne MB-STE-0417 Steel scrap HMS 1&2 (80:20 mix) US origin, cfr Turkey, […]
After a consultation period, Fastmarkets has amended the frequency of its MB-TI-0009 Titanium dioxide pigment, sulfate grade, fob China, price assessment from weekly to fortnightly. The new fortnightly frequency will start on April 3, with the subsequent assessment on April 17. MB-TI-0009 Titanium dioxide pigment, sulfate grade, fob China, $ per tonneQuality: Sulfate gradeQuantity: Min 20 tonnesLocation: fob ChinaTiming: SpotUnit: $ […]