# Soybean Crush Value Crashes

> Soybean meal futures rallied to their highest levels since June, with the expiring December contract above $400 per short ton. Soybean oil's share of the combined crush value fell to 39.1% from 49.2% on October 12, while soybean oil prices dropped to their lowest since June.

- Date: 2021-12-15 · published 2021-12-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43682-soybean-crush-value-crashes
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

The unwinding of the long oil-short meal spread is lifting meal on tight supplies, strong demand, lysine shortages and lower Canadian canola meal output, which supports feed costs for buyers. Lower oil values are weighing on soybeans despite the meal-driven bounce.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: neutral
- CANMEAL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2021/12/15/soybean-crush-value-crashes

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