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Calculate the crush spread based on the information below: - Soybean price: $9.75 per bushel - Soybean meal price: $305 per short ton - Soybean
Calculate the crush spread based on the information below:
- Soybean price: $9.75 per bushel
- Soybean meal price: $305 per short ton
- Soybean oil price: $0.35 per pound
a) $1.25
b) $1.72
c) $0.63
d) $0.81
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