Rabobank's Agri Commodities Weekly - US Soybean-Crush Spread Widens


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Date: July, 2009

Abstract: The soybean?]crush margin spread between the nearbycontract (August 2009) and the new crop (December 2009) contract has widened significantly over the past week or so due largely to easing nearby soymeal values relative to soybean values. This crush margin, which reflects the difference in revenue that a crusher will receive from crushing the soybeans and selling the byproducts of soyoil and soymeal versus the revenue of selling the soybeans directly, has eased in the nearby or front month (Augu...

Research Type: Agri Commodity


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