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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.

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