Free Soybean Crush Margin Calculator
Calculate the net margin from crushing soybeans. Enter current soybean, soybean oil, and hipro meal prices to see your gross processing margin (GPM) per tonne.
Crushing parameters
Adjust extraction yields and variable processing cost to match your facility.
Market prices
Enter current spot prices for soybeans and co-products.
Vesper tracks daily spot prices for EU oils & fats markets, updated every trading day.
Start a free trial to access live data directly in this calculator.
Results are per tonne of soybeans crushed. Yields reflect EU benchmark parameters.
Your crush margin results
per tonne of soybeansNet crush margin (GPM)
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€ per tonne of soybeans
How does this compare to current EU soybean complex prices?
Vesper tracks daily spot prices for soybeans, crude soybean oil, and hipro meal across Brazil, Argentina, NW Europe, and Asia, updated every trading day.
Soybean crush margin: frequently asked questions
What is the soybean crush margin?
The soybean crush margin, also called the Gross Processing Margin (GPM), is the difference between the combined sales value of crude soybean oil and hipro meal and the cost of the raw soybeans plus crushing. A positive margin means crushing is profitable; a negative margin (inverted crush) means the market is signalling reduced crushing activity.
What yields does this calculator use?
Default yields are 18.5% crude soybean oil and 78.0% hipro 48% meal per tonne of soybeans, consistent with European crushing benchmarks. The remaining ~3.5% accounts for moisture loss, hulls not included in meal, and other non-extractable material. Adjust the sliders to match your facility or specific soybean origin.
What is a typical soybean crush margin in Europe?
EU crush margins are highly variable, but a net margin of €15–45/t of soybeans is broadly considered healthy in normal market conditions. Margins below €10/t are considered tight. Inverted crush margins (negative GPM) do occur, particularly during periods of soybean supply tightness or weak demand for soybean oil.
What is the difference between the gross and net crushing margin?
The Gross Value of Product (GVP) is simply the combined revenue from crude soybean oil and hipro meal per tonne of soybeans crushed, before any costs. The net crushing margin (or GPM) subtracts the soybean input cost and variable processing cost. Fixed overhead, financing, and logistics are not included in this calculator.
Why does the sum of oil and meal yields not equal 100%?
Soybean crushing produces crude oil (typically 18–19%), hipro meal (77–79%), and a residual 3–4% that is lost to moisture evaporation, hull separation, and non-extractable material. The combined yield in this calculator typically sums to 96–97%, which reflects standard industrial extraction efficiency.