# Soy Losses through Thursday Midday

> Nearby soybeans fell about 9 to 14 cents on Thursday and soymeal lost roughly $2 per ton, with bean oil down sharply. NOPA reported a three-year low December crush of 177.5 million bushels, and Brazil's soybean harvest was 0.6% complete, behind last year's pace.

- Date: 2023-01-19 · published 2023-01-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10662-soy-losses-through-thursday-midday
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A weak NOPA crush and lighter soymeal demand point to bearish domestic meal conditions, though a slow Brazilian harvest offers modest support. Lower soybean and meal prices benefit feed buyers.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/13441503/soy-losses-through-thursday-midday

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.