# Soybean Oil Retreats From Record High Levels

> Soybean oil prices hit record highs earlier in 2022 and pushed crush margins to record levels, with the spot CME crush margin peaking near $3.00 per bushel in early March. Margins then fell to 73 cents in June before rebounding to $1.81 per bushel.

- Date: 2022-07-25 · published 2022-07-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40552-soybean-oil-retreats-from-record-high-levels
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong crush margins encourage more soybean crushing, which increases meal output and supports soybean demand. The volatility in margins signals uncertainty in both oil and meal pricing.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/fundamentally-speaking/blog-post/2022/07/25/soybean-oil-retreats-record-high

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