Sep 24, 2021 Sep 24, 2021 China's soybean crushers have been struggling with negative margins since June and the recent power restrictions could help elevate the margins a bit. China's gross crush margin improved by $10.42/mt on week to minus $7.52/mt, while prices for imported soybeans to China dropped by 1.4% on the week to $623.82/mt, according to S&P Global Platts
Mar 24, 2021 Monthly average for China Soybean Gross Crush margin in March was assessed at $1.98/mt, compared with $28.13/mt and $16.59/mt in January and February, respectively, Platts data showed. According to the local crushers, once the gross margins fall below $20/mt threshold, losses start to pile up. As a result, the crushing plants adopt a cautious
Sep 27, 2021 Dozens of soybean crushing plants have been ordered to shut down and halt production amid increasing demand, rising coal prices and the goal
Sep 24, 2019 Sep 24, 2019 Now, the latest step is the formal registration of the soybean meal products in China, a process that the local industry hopes ending during the first months of 2020. “Also we are working to the approval of five more soybean crushing plants”, the sources explained. By now, the seven plants habilitated are the following
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Over the course of 2019, several soybean crush plants will come online in the Dakotas and Michigan, in addition to the recently commenced plant in Pennsylvania, which will allow for at least an extra 3m tonnes of soymeal supplies p.a. on top of the 44m tonnes produced in 2017/18
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We begin with an example of the most common way of computing the components of the soybean crush and the crush margin. On September 8, 2017, the price of soybeans at Iowa soybean processing plants was $9.36 per bushel, the price of soybean meal was $288.90 per ton, and the price of soybean oil was $0.34 per pound
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Crush plants are offering 2022 new crop cash and Act of God (AOG) contracts. NuSun cash is $26.80-$27.00 and $26.30-$26.50 AOG. High oleics are $27.20-$27.25 cash and $26.50-$26.75 AOG. Something else to consider is the oil premiums that crush plants pay on sunflower. Sunflower is the only oilseed that pays premiums for oil content above 40%
Sep 28, 2021 China’s soybean demand is expected to slacken in the fourth quarter of 2021 amid widespread power outages faced by local crushing plants, market
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Sep 28, 2021 According to local media, crushing plants of LDC, Beijing Grain Group, and Jiusan located in Tianjin issued urgent notices to halt operations due to power rationing on September 22. Operational rates of oil plants in East China, the region with the highest crushing capacity, dropped to only 40% last week and are expected at 45-50% in the next few weeks, according to industry sources
Mar 24, 2021 Mar 24, 2021 Monthly average for China Soybean Gross Crush margin in March was assessed at $1.98/mt, compared with $28.13/mt and $16.59/mt in January and February, respectively, Platts data showed. According to the local crushers, once the gross margins fall below $20/mt threshold, losses start to pile up
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Soybean Crush Reference Guide 3 INTRODUCTION In the soybean industry, the term ‘crush’ refers both to a physical process as well as a value calculation. The physical crush is the process of converting soybeans into the by-products of soybean meal and soybean oil. The crush spread is a dollar value quoted as the difference
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