# Soybean crush margins: What is driving volatility - Fastmarkets

> Argentine soybean production has fallen over the last two years due to La Niña, and Argentine crushing volumes slowed about 5% in early 2022-23 and 10% in July. Chinese soybean crush margins have been near or below zero for much of the summer, and high soybean prices have been the main driver of weak margins.

- Date: 2022-11-11 · published 2022-11-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38747-soybean-crush-margins-what-is-driving-volatility-fastmarkets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Limited Argentine farmer sales and reduced crushing support soybean meal prices, while weak Chinese margins point to lower soybean import demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soybean-crush-margins-volatility/

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