# Soybeans EXPLODE! NOPA Crush Record Shattered! What's Next for Prices? (2026)

> 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.

- Date: 2026-10-31 · published 2026-10-31T10:05:28.581Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/2859-soybeans-explode-nopa-crush-record-shattered-what-s-next-for-prices-2026
- 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

Record crush produces more soybean meal and oil, which is bearish for meal prices while supporting soybean demand and oil use for biofuels.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-04-20 | [US soybean crush hit a record high for March: NOPA 20.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41923-us-soybean-crush-hit-a-record-high-for-march-nopa-20-04-2022-ukragroconsult.md) | -0.7% | -2.2% |
| SOY | 2025-05-15 | [USDA forecasts lower US soybean stocks, record crush for 2025/26 \| Feed & Grain](https://feedsoft.ai/events/24760-usda-forecasts-lower-us-soybean-stocks-record-crush-for-2025-26-feed-and-grain.md) | -0.4% | -2.3% |
| SOY | 2024-10-30 | [U.S. soybean crush sees record high for September \| Farmtario](https://feedsoft.ai/events/27988-u-s-soybean-crush-sees-record-high-for-september-farmtario.md) | +3.0% | +1.9% |
| SOY | 2020-10-16 | [September soybean crush sets record for month - McKeany-Flavell](https://feedsoft.ai/events/50713-september-soybean-crush-sets-record-for-month-mckeany-flavell.md) | +1.1% | +7.0% |
| SOY | 2016-11-16 | [Soybeans up for 2nd day on strong demand, U.S. crush data \| Reuters](https://feedsoft.ai/events/73886-soybeans-up-for-2nd-day-on-strong-demand-u-s-crush-data-reuters.md) | +4.1% | +3.5% |
| SBM | 2018-12-17 | [NOPA Says Record Soybean Crush for November \| Red River Farm Network](https://feedsoft.ai/events/61651-nopa-says-record-soybean-crush-for-november-red-river-farm-network.md) | -1.2% | -0.0% |
| SBM | 2024-10-30 | [U.S. soybean crush sees record high for September \| Farmtario](https://feedsoft.ai/events/27988-u-s-soybean-crush-sees-record-high-for-september-farmtario.md) | -0.8% | -4.8% |
| SBM | 2022-10-06 | [Early rains boost hopes for record Brazilian corn, soybean output in 2022-23 - Grain Price News](https://feedsoft.ai/events/13693-early-rains-boost-hopes-for-record-brazilian-corn-soybean-output-in-2022-23.md) | +4.4% | +5.8% |

## Sources

- korekom.org: https://korekom.org/article/soybeans-explode-nopa-crush-record-shattered-what-s-next-for-prices

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