# Soybean Crush Values Soar as Demand and Renewable Diesel Use Grow

> DTN reports soybean crush values rising sharply as demand for soybean oil grows, driven by new renewable diesel investment. US soybean plantings are expected at a record 91 million acres with ending stocks possibly near 200 million bushels, and cash soybeans trade above $16 across the Midwest.

- Date: 2022-04-29 · published 2022-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15401-soybean-crush-values-soar-as-demand-and-renewable-diesel-use-grow
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong crush margins and tight US stocks point to firm soybean and soybean oil prices, while crush expansion increases soybean meal output and shifts supply toward meal.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2022/04/29/us-soybean-processors-crushing

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