Soybean Crush Margin Record Wide – 11/03/2022
The soybean crush margin is record wide due to strong soybean oil and meal demand. Soybean meal still accounts for a larger portion of the crush, but only by a small margin. Demand for soybean oil used in Bio Fuel has made a significant change in the crush balance.
Wide margins provide a cushion for soybean futures prices going into the South American soybean growing cycle.