Cost to crush a bushel of soybean

Any body has idea of the cost to crush one bushel of soybean in $ ?

 

Contact ADM and Cargill.

 

Check out the CME website. They have a formula to determine the crushing cost. http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/soybean-crush_learn_more.html

 

The CME site describes the components of the spread/crush which is also referred to as a "board margin."

From this calculation you get the gross margin but you have no idea if it's a negative margin or extremely profitable for a plant (or the industry) unless you know something about operating costs and the basis at which they buy beans and sell meal and oil.

It's not that difficult to find basis levels, but to paraphrase Nazzdack, good luck on finding the plant's operating costs. You might have some success on trade association sites or in an academic paper, but as with any manufacturing facility, especially one in the price sensitive commodity business, they don't post their costs of production on the factory gate.

 

Sounds like you have inadvertently taken delivery and now are stuck with it in your garage and thinking maybe need to crush it so that you can make it more vendable to mayonnaise producers

 

Thank you guys, just wanted to get some feeling of the crushing cost.I knew it's quite varied from factory to factory.

 

Seems the central and northern parts of that nation got quite hot with little rain these weeks.And maybe it's still too early to call a hot summer.

 

The actual "operating costs" of north american crush plants usually run around 40 to 50c per bu. Utilities, labor, shrink, depreciation etc.

 

Thanks.Seems the soybean meal is quite bullish for the week of thanksgiving.The profit margin looks good.

 

yes, margins are good currently.