# ICE weekly outlook: Canola, soy crush margins up sharply | Farmtario

> Canadian canola and soybean crush margins rose sharply in late March as canola and meal prices gained. The May canola crush margin climbed from about C$64 to C$109 per tonne, and the soybean crush swung widely.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/54212-ice-weekly-outlook-canola-soy-crush-margins-up-sharply-farmtario
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher crush margins signal strong demand for meal and oil, which supports meal prices and encourages crushing, though the cause is partly unexplained money flowing into commodities.

## Read by commodity

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

## Sources

- farmtario.com: https://farmtario.com/daily/ice-weekly-outlook-canola-soy-crush-margins-up-sharply/
- agcanada.com: https://www.agcanada.com/daily/ice-weekly-outlook-canola-soy-crush-margins-up-sharply
- grainews.ca: https://www.grainews.ca/daily/ice-weekly-outlook-canola-soy-crush-margins-up-sharply/

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