Crush Margins
The crush margin is the difference between the value of the
crush products (the oil and the meal) and the cost of the
sunflowerseed crushed. Many factors affect the actual
crush margin a processor earns. Sunflowerseed oil and
meal can be interchanged with other vegetable oils and
other protein meals, soybean oil and meal being the most
prominent. Consequently, market factors affecting U.S.
soybean markets can have a substantial effect on U.S. sunflowerseed oil and meal prices. Other factors can directly
affect the sunflowerseed market, but usually have little effect on the soybean market because the sunflowerseed market is small compared with the soybean market. A small
sunflowerseed crop could raise seed prices to processors
while an abundant supply of substitute protein meals could
keep sunflowerseed meal prices low, consequently narrowing margins to processors.

https://naldc.nal.usda.gov/download/CAT93991654/PDF


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Oct 25 - China's soyoil hit near 10-year high, crush margins swing back to profit


China's soybean oil prices hit a near 10-year peak on tight supply and robust demand, lifting key soybean crushing margins to six-month highs despite sustained weak demand for soymeal from China's battered hog sector. The most actively traded soybean oil futures on Dalian Commodity Exchange has climbed 30% since mid-June to hit 10,278 yuan ($1,606.09) per tonne on Thursday, highest since October, 2012, before edging down on Friday.
https://www.commodity3.com/content/46/it/grains-seeds-vegoil...