# Experts bearish on soybean crush, export demand | The Western Producer

> Scott Irwin of the University of Illinois expects weak US soybean crush and export demand, forecasting 2024/25 ending stocks above 500 million bushels and an average farm price near $10.75 per bushel. He says renewable diesel and crush capacity is overbuilt compared with EPA mandates.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/29788-experts-bearish-on-soybean-crush-export-demand-the-western-producer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expectations of high stocks and overcapacity in crush point to lower soybean and soybean meal prices, with possible knock-on pressure on Canadian canola.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/experts-bearish-on-soybean-crush-export-demand/

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