# Economist's Angle: Soybean Processing Growth Is Crushing It - American Soybean Association

> ASA chief economist Scott Gerlt reports 23 announced U.S. soybean crush plant expansions that would add about 750 million bushels a year of capacity. Many are tied to renewable diesel projects, though completion depends on policy, permits and financing.

- Date: 2022-11-10 · published 2022-11-10T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15359-economist-s-angle-soybean-processing-growth-is-crushing-it-american-soybean
- 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

Expanding crush capacity increases demand for soybeans and yields more meal and oil, supporting soybean prices while adding future meal supply.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-08-14 | [Soybean Prices Reverse Losses on Bullish WASDE - American Soybean Association](https://feedsoft.ai/events/12450-soybean-prices-reverse-losses-on-bullish-wasde-american-soybean-association.md) | -0.8% | -0.8% |
| SOY | 2026-04-13 | [Crush Demand Drives Soy Complex Higher as USDA Raises Price Outlook - American Soybean Association](https://feedsoft.ai/events/15037-crush-demand-drives-soy-complex-higher-as-usda-raises-price-outlook-american.md) | -0.7% | +1.6% |
| SOY | 2026-03-12 | [Soymeal Steals Spotlight in March 2026 WASDE - American Soybean Association](https://feedsoft.ai/events/20252-soymeal-steals-spotlight-in-march-2026-wasde-american-soybean-association.md) | -3.2% | -2.9% |
| SOY | 2026-05-14 | [New Crop Soybeans Top $12 as USDA Raises Demand Outlook - American Soybean Association](https://feedsoft.ai/events/19297-new-crop-soybeans-top-12-as-usda-raises-demand-outlook-american-soybean.md) | -1.3% | -8.2% |
| SOY | 2025-04-03 | [USDA Reports: Despite Smaller 2025 Acres, Smaller Q2 Soy Usage Weighs on Soy Prices - American Soybean Association](https://feedsoft.ai/events/25132-usda-reports-despite-smaller-2025-acres-smaller-q2-soy-usage-weighs-on-soy.md) | -1.6% | +1.0% |
| SBM | 2026-04-13 | [Crush Demand Drives Soy Complex Higher as USDA Raises Price Outlook - American Soybean Association](https://feedsoft.ai/events/15037-crush-demand-drives-soy-complex-higher-as-usda-raises-price-outlook-american.md) | +0.7% | -1.2% |
| SBM | 2025-07-14 | [July 2025 WASDE a Mixed Bag for Soy Markets - American Soybean Association](https://feedsoft.ai/events/15104-july-2025-wasde-a-mixed-bag-for-soy-markets-american-soybean-association.md) | +1.8% | +2.7% |
| SBM | 2026-10-26 | [Improved US, South American Crop Outlook Weighs on Soybean Prices \| CZ app](https://feedsoft.ai/events/17150-improved-us-south-american-crop-outlook-weighs-on-soybean-prices-cz-app.md) | -3.6% | — |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/economists-angle-soybean-processing-growth-is-crushing-it/

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