# Grains & Sugar Weekly 09/18/2026

> NOPA reported August soybean crush of 205.456 million bushels, an 11-month low and below the trade estimate of 211.6 million. December soybean meal reached a 2.5-year high of $371.30 before settling at $358.60 on the week, while December bean oil fell 146 points on the week to 68.22 cents.

- Date: 2026-09-18 · published 2026-09-18T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/11647-grains-and-sugar-weekly-09-18-2026
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A smaller crush and lower soybean oil stocks tighten meal supply, while western Corn Belt rain delays harvest and limits bean deliveries to plants. Meal prices are likely to stay supported, with oil weaker.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-11-13 | [GRAIN  PRICE WEEKLY REPORT](https://feedsoft.ai/events/7052-grain-price-weekly-report.md) | +3.1% | +5.6% |
| SBM | 2022-07-21 | [Weekly update - 21 July 2022 - DAFF](https://feedsoft.ai/events/40442-weekly-update-21-july-2022-daff.md) | +10.3% | +1.9% |
| SBM | 2020-11-13 | [ICE weekly outlook: Bull market in canola's grasp - Grainews](https://feedsoft.ai/events/50254-ice-weekly-outlook-bull-market-in-canola-s-grasp-grainews.md) | +1.4% | -1.0% |
| SBM | 2024-03-28 | [Grains Report 03/28/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/31242-grains-report-03-28-2024-market-insightsmarket-insights.md) | -1.7% | +1.6% |
| SBM | 2020-04-09 | [Japan expected to import more soybeans \| 2020-04-09  \| World Grain](https://feedsoft.ai/events/53750-japan-expected-to-import-more-soybeans-2020-04-09-world-grain.md) | -0.3% | -3.1% |
| SBO | 2024-12-27 | [W51 2024: Soybean Weekly Update](https://feedsoft.ai/events/11400-w51-2024-soybean-weekly-update.md) | -0.1% | +10.0% |
| SBO | 2019-05-31 | [Grain Market Review: Oilseeds-2019](https://feedsoft.ai/events/59148-grain-market-review-oilseeds-2019.md) | -0.1% | +0.1% |
| SBO | 2022-07-18 | [Canola Market Outlook: July 18, 2022](https://feedsoft.ai/events/40594-canola-market-outlook-july-18-2022.md) | -0.2% | +6.5% |

## Sources

- blog.teucrium.com: https://blog.teucrium.com/teucrium-insights/grains-sugar-weekly-09/18/2026

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