# US soy crushing industry grappling with myriad of challenges

> A consultant warns the US soybean crushing industry faces plummeting prices, labor shortages and regulatory complexity. He expects shrinking margins to pause new crush plant expansions and close four to five older plants, with US soybean meal output rising about 11 million tons over two to three years.

- Date: 2024-04-10 · published 2024-04-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30805-us-soy-crushing-industry-grappling-with-myriad-of-challenges
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Surplus meal supply and weak crush margins point to lower soybean meal prices and reduced soybean demand from US processors.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- SOY: bearish ▼

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2024/04/10/us-soy-crushing-industry-grappling-with-myriad-of-challenges/

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