# Combined Soybean Crush Value

> Soybean meal has rallied over $70 per ton on fund buying and Argentine drought, while soybean oil has fallen to its lowest March 2018 contract level since July 2016. Soymeal now accounts for 71% of combined crush value, above the two-standard-deviation band.

- Date: 2018-02-22 · published 2018-02-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66587-combined-soybean-crush-value
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The divergence between meal and oil shows the crush margin is skewed toward meal, which can encourage crushers to maximize meal output and weigh on oil prices. The loss of the biodiesel blenders credit for 2018 is cited as a drag on soybean oil.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2018/02/22/combined-soybean-crush-value

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