# World Perspectives

> US soybean board crush margins reached new highs, with the VVX margin at $1.62 per bushel and the HHH margin above $1.45. Strength in soyoil and soymeal drove the gains, following strong margins through most of the 2023/24 marketing year. The crush now accounts for about 54% of total US soybean use.

- Date: 2024-10-04 · published 2024-10-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27990-world-perspectives
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

High crush margins encourage processors to run plants harder, which supports soybean demand and prices. Strong soyoil values also bolster the crush economics.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- worldperspectives.com: https://worldperspectives.com/articles/us-soybean-crush-margin-outlook-10042024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.