A commodity trading strategy (an intercommodity spread) which involves the sale of soybean futures and the simultaneous purchase of soybean oil and meal futures (futures on the products). It may also involve the purchase of soybean futures and the simultaneous sale of soybean oil and meal futures.

This spread is sought by investors who expect that the gross processing margin will decline and may take advantage of the market conditions that are unfavorable to the crushers.

The reverse crush spread is an opposite strategy to the crush spread.