Loading…
NOPA reported October soybean crush of 227.65 million bushels, an all-time monthly record that beat trade estimates by a wide margin. The crush rose 13.86% year over year and 15.05% from September.
Record crush produces more soybean meal and oil, which is bearish for meal prices while supporting soybean demand and oil use for biofuels.
korekom.orgOct 31, 2026After 747 past bullish report events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 399 past bearish report events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
