Key facts
- Record soybean crush margins reached $4.07/bushel on Monday.
- Margins were $1.46/bu at the start of the year.
- Strong crush activity is expected to continue based on current margin levels.
Soybean crush margins represent the difference between the price of soybeans and the combined value of the soybean oil and soybean meal produced from them. High margins incentivize processors to crush more soybeans, increasing demand for the raw commodity and potentially impacting the supply of soybean oil and meal.