The Soybean Crush prices BCX are synthetically generated using Soybean, Soybean Oil and Soybean Meal futures prices the result of the soybean crush calculation is then rounded to the nearest quarter of a cent. This is not a tradable futures contract and is being distributed for informational purposes only. SOM is a tradable contract.
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The current price of soybeans from bu to cnymt, we use the following formula soybean price bu x 36.7437 bu per mt 0.1611 soybean price cnymt using this formula we determine that cash soybeans trad-ing at 9.15bushel in the u.s. equate to cny 2087mt. with cash soybean meal in china trading at 2575 and
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Soybean oil 11 lbs oil per bushel x price of oil to calculate the crush or gpm price of soybean meal short ton x .022 price of soybean oil 162lb x 11 price of soybeans bu. typically, crushing activity is expanded or reduced to maintain sufficient profitability the gpm is used to gauge the relative costs of production.