Soybean crush margins

[TechAnalyst]

For all you soybean growers out there.

Anyone that suggests soybeans aren't well supported fundamentally should have to explain away the $2.86/bushel crush margins compared to just $1.37/bushel in December.

Soybean oil strength does matter...

[farming101]

March 26, 2025 canola crush margin - +155.40
March 26, 2026 canola crush margin - +322.20

Keep those trucks rollin'

[TechAnalyst]

To add a bit of perspective to farming101's point. Record levels -- inspiring the $16/bushel+ specials...

[Rareearth]

So AGT should have continued to build at Regina a crusher

[shtferbrains]

March 26, 2025 canola crush margin - +155.40
March 26, 2026 canola crush margin - +322.20

Keep those trucks rollin'

$13k on a Super B load?

Or $3 to $400 an acre?

Bet they are glad everyone is talking about fertilizer?

[ColevilleH2S]

So AGT should have continued to build at Regina a crusher

Let's math out the AGT coulda-shoulda-woulda. 1.1 million tonnes per year at a margin of $322.20/tonne is $354 million net per year.

The extraordinary cost of building the plant that scared them away from development was $360 million.

If built, using present day margins, it would have paid for itself in 53 weeks.

*sad trombone

[farmaholic]

At what point is domestic canola crush over built? If it is an issue.

Not all proposed potash mines were built either. Two in my area never got off the ground(yet?), one bought a tract of land(Vale, dont know if ownership changed), the other(CanPacific Albany Project...may have had Russian involvement) is paying farmers a yearly lease on 14 quarters where their mine site is supposed to be. The latter has a mini solution mine operating for feasibility).

At what point does more production simply lower the price of what is being produced?

Two out of the three proposed canola crush plants near Regina never broke ground. I think they were Viterra and a partnership between AGT and Federated Co-op. If all three would have got going it sure would have changed the competition for canola in this area, Cargill got built. I see higher delivered to Crusher bids in areas were they are than our local inland terminal bids. I think it would be beneficial to us to have more(*some) of the crush capacity further south.

[Rareearth]

Western Farmers need options, plan B, price discovery, and competitive advantage.

We need the small refiners, or at least more processors, not the big companies getting bigger squeezing the suppliers

[goalieguy847]

If. And when.. the petro -can bio diesel plant gets rolling at 100% .... it would eat up all of albertas daily crush. Likkkkeeee. Alllll of it. IF it were fed with canola oil as feedstock ( it wont be).

That plant could change the canola game in alberta.

[furrowtickler]

Crusher margins 4-5x more per acre than the average farm will off canola .